Any company that is pre-revenue or is subsidizing growth by under charging for their services will be in a bad spot (unless they have a long run way).
Hmm.. how about instacart?
Ask HN: What tech companies/industries will do well in a recession?
81–90 of 184 posts
Re: Ask HN: What tech companies/industries will do well in a recession?
#82It varies depending on the context of each recession. For the likely upcoming recession, energy/industrial/agriculture/real estate. In other words, hard assets, manufacturing, and commodities.
Re: Ask HN: What tech companies/industries will do well in a recession?
#83I suppose we could also frame the question as which tech companies and industries will NOT do well during the recession. I think that streaming services will not do well. People will return to torrenting and piracy. Same with crypto trading platforms. Basically any place where Joe Average can't afford to spend more than he has on hand. Tesla will see a big drop too, as people will cash out to buy their groceries. As…
Torrenting and piracy will do well in part because streaming on Netflix now sucks compared to what it was 10 years ago.
Whether Tesla does well depends on partly why the recession occurs. Persistent high energy costs can cause recessions, but high gasoline costs benefit Tesla.
Re: Ask HN: What tech companies/industries will do well in a recession?
#84Netflix
at $60/month? That’d be the first for me to drop, if pressed further.
Re: Ask HN: What tech companies/industries will do well in a recession?
#85Ed tech - when people lose their jobs they want to upskill themselves
Re: Ask HN: What tech companies/industries will do well in a recession?
#86Ones that save you money: https://vantage.sh and https://mainstreet.com are ones I've used.
Re: Ask HN: What tech companies/industries will do well in a recession?
#87I suppose we could also frame the question as which tech companies and industries will NOT do well during the recession. I think that streaming services will not do well. People will return to torrenting and piracy. Same with crypto trading platforms. Basically any place where Joe Average can't afford to spend more than he has on hand. Tesla will see a big drop too, as people will cash out to buy their groceries. As…
> ad revenue and data mining
Ad spend will go down when companies have less to sell.
> I think that streaming services will not do well.
Entertainment does well in time of recession. People want to take their minds off their problems.
Most people do not know how to pirate films. Piracy won't be a huge deal.
Netflix is losing out to Disney and HBO. Traditional media caught up and pulled the plug, and great content has never been a core part of Netflix's DNA. They're more algorithmic than taste makers, and unfortunately they've got a low dimensional projection of what people really want.
Re: Ask HN: What tech companies/industries will do well in a recession?
#88Re: Ask HN: What tech companies/industries will do well in a recession?
#89I would say its more based on companies than industry. If the company is not profitable, has Big companies that make money, google, apple, etc will be fine. For medium sized companies if you involved in a unit that makes the company money or run core infrastructure you should also be fine. For smallish companies if they survive you better hope you are single point of failure and if you left things would be in a bad state.
Re: Ask HN: What tech companies/industries will do well in a recession?
#90I suppose we could also frame the question as which tech companies and industries will NOT do well during the recession. I think that streaming services will not do well. People will return to torrenting and piracy. Same with crypto trading platforms. Basically any place where Joe Average can't afford to spend more than he has on hand. Tesla will see a big drop too, as people will cash out to buy their groceries. As…
Torrenting and piracy will do well in part because streaming on Netflix now sucks compared to what it was 10 years ago. Whether Tesla does well depends on partly why the recession occurs. Persistent high energy costs can cause recessions, but high gasoline costs benefit Tesla.
If Tesla wasn't a luxury car brand, maybe.
Most people will go for cheaper electric cars, which aren't plentiful but do exist.