This too shall pass. It may be hard to envision right now, but if history has taught us anything, it is that from the ashes, an opportunity arises.
You might remember the crash of 1987, the dot-com bubble burst of 2000 or the financial crisis in 2008.
The funny thing is that during these unprecedented times, some of the world’s biggest unicorns have opened up their offices (well ok, garages). As a matter of fact, did you know that about half the Fortune 500 companies began their business during a recession or bear market? Current household names as Uber, Airbnb, Slack, Pinterest, WhatsApp, and Square proved to overcome economic downturns, growing their business from a small-scale startup to a full-blown unicorn.
Today, investors across Europe and the United States are, understandably, freaking out, and who can blame them. The coronavirus and its impact on the economy is not to be taken lightly. But with the knowledge of past recessions in mind, why should the current economic turmoil not provide the same opportunities as, let’s say, 20 years ago?
More often than not, it’s times like these that separate the unicorns from the herd. The most promising startups see resource scarcity as a source of creativity and pivoting, an opportunity to accelerate innovation. This is also where the opportunity lies for investors. Pandemics and recessions separate the good startups from the bad, making the next generation of Future 500 companies easier to spot.
To help identify the most promising startups out there, Pitchdrive uses a strict qualification process, consisting of a trained algorithm and expert driven analysis that determines the startup’s valuation. This process helps us remove uncertainty and defines startups with the highest likelihood of coming out on top once the market returns to normal.
Qualified investors will receive these new, pre-vetted opportunities on a weekly basis via the Pitchdrive app, removing any friction of having to deal with messy startup portfolio’s themselves.
We believe diversification is key, so we use a high amount of small stakes which leads to a good ROI and diversified portfolio. Every investment can be managed straight from your smartphone, anywhere, anytime.
Don’t believe us? Why should you. Download the Pitchdrive app in the App Store or Google Play Store and try it out for yourself. Simply fill out your personal and legal entity’s details and await a brief validation process. E-sign the contracts and get ready to meet your Future 500!