As Europe has been massively hit due to the coronavirus pandemic, people are asked to stay at home to keep themselves safe. The ‘stay safe’ message is being repeatedly shared across communities. Worsening the condition, the COVID-19 pandemic spreads across 80% of the global countries killing several thousands of people.
While the virus outbreak has undoubtedly left an impact on several industries and big businesses such as Booking.com, Amazon, etc., it has not spared the startups. Given that there is a ‘State of Emergency’ in some countries, others across Europe are expecting the same to be announced. And, this has adversely impacted the startups with many entrepreneurs wondering how to go about with debt, cash, and employees.