While COVID-19 outbreak and the corona crisis paralyse the global economy — for early-stage businesses — the global pandemic has brought about a load of new financial challenges.
And being a woman in a technology startup world seeking funding or executing business growth during a pandemic doesn’t make things easier. Instead, it is a bigger challenge!
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Plugify, also known as the ‘Booking.com of live artists and music bands’ — founded by Eline Leijten, one of the most inspiring faces of women-led startups in the Netherlands — declared bankruptcy recently. While it is yet not confirmed whether it has anything to do with coronavirus outbreak or not but as per experts many European female founders have started to worry about the potential side-effects that the COVID-19 pandemic would have on their businesses.