[quote=AN]So, who shorted the market 2-3 how ago?[/quote]
Not me. But you know what I’m thinking? I’m looking at companies that facilitate “working from home or school”…
One thing I am thinking that this virus will do is that it will force people to stay indoors more. Bad news for entertainment like cruises, movies theaters, etc, but maybe not so bad new for technology, because somehow technology will need to make it easier for people to work from home or collaborate at home, and while we have the standard companies like slack, zoom, etc that helps us get us there..barely…., it’s nowhere where it needs to be to be effective.
My company already has a remote friendly policy, and I’ve already hired people out of Florida and Mexico City because it was cheaper and more cost effective than hiring someone here in San Diego, and so we’ve already spent a lot of time and money investing in remote workers, and even then, there’s still a lot of gaps to fill for remote workers. I think this virus will make it even more important, because not it’s not just for employees you hire offsight, or offshore. Now it could actually be used for even local employees. And that also begs the question, in an expensive commericial real estate market like SD, do we really need to maintain a very large 300+ person office, if say 60-70% of the employees are working from home or working offsite? It’s a question that we’ve been asking ourselves, maybe we can cut our office space in half and save a lot of money.
So I’m actually looking at companies that can facility all this “working from home”, especially since now that everyone is panicking, it might be a good idea to pick up some of these companies.
I think this virus might actually give a kick and change the way we work, even a lot of old school companies that use to have remote “unfriendly” company policies.
