The supply chain crunch was started by increasing demand for goods, as consumers stopped spending on services. Americans in particular had more money in their pockets because they weren’t going on trips, spending at restaurants and bars, or attending concerts. Instead as city after city started enforcing lockdowns and restrictions, people started... See more

Artify was an american company founded around the idea that businesses and individuals could enjoy renting artworks on-demand to display at venues, homes etc. In 2012, it received funding from Peter Thiel in an oversubscribed round and was a great topic for excitement in SV, but was shut down a year later; This sparked me to wonder : why the sudden... See more

Then, in March, Covid-19 hit. As shelter-in-place orders tore throughout the country, Yeti closed its new fleet of stores. Many of its primary wholesalers, including Dick’s Sporting Goods, laid off staff. In a matter of weeks, Yeti’s sales plummeted by 25%, and its share price tumbled almost 60% from February when it was about $38.