Category: remote work
Slack shares plummet 20% after its growth forecast fails to excite investors
Today after the bell, Slack, a popular workplace communication product, reported its FQ4 2020 earnings, the three-month period ending January 31 2020. The company’s results came in ahead of expectations. However, its shares have rapidly lost altitude in the wake of its news. In the fourth quarter, Slack’s revenue rose…
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Zapier CEO Wade Foster on scaling a remote team up to 300 employees
‘We started as a side project… and side projects can’t afford offices’ Greg Kumparak @grg / 7 hours When Zapier was founded in 2011, it was a side project for three friends from Missouri who wanted to make it easier to connect any one web app to another. Nine years,…
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European Parliament tells vulnerable staff to telework to shrink COVID-19 risk
The European Parliament has instructed vulnerable staff with a pre-existing health condition to work from home on account of increased personal risk related to the outbreak of the COVID-19 novel coronavirus, according to sources and an email reviewed by TechCrunch. The European Commission confirmed its first cases of coronavirus last…
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VCs warn coronavirus will impact fundraising for the next 2 quarters
As of this writing, COVID-19 has killed more than 3,400 people around the globe and the coronavirus has infected tens of thousands more. But its impact has gone much further, causing major disruptions in public markets and leading corporations to pull out of conferences and delay travel. Big tech companies…
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As coronavirus pandemic spreads, demand for remote-work startups spikes
As the novel coronavirus, also known as COVID-19, spreads around the world, many companies are asking their staff to work from home. The boom in working remotely may prove temporary — even if the trend behind it is not — but having more staff operating away from traditional offices is…
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Zoom earnings, remote work and a terrible but possibly bright moment for startups
It’s a bit gauche to talk about positive economic impacts of what may become a global pandemic, but the novel coronavirus hasn’t been bad news for every company. Video conference provider Zoom appears to be one beneficiary; after going public in 2019, its share price rose from around $68 at…
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