35 founders cashing in WFH — some doubled their startups’ valuations

  • The transition to a distant workforce has a number of startups capitalizing on a work-from-home increase.
  • On Wall Street, a number of corporations have seen their valuations soar to double or triple what they had been well worth the week that shelter-in-place orders kicked many staff out of their workplaces.
  • Business Insider tracked down an inventory of founder-led corporations which might be profitable in the remote-work economic system.
  • Visit Business Insider’s homepage for extra tales.

Ever since shelter-in-place orders kicked many employees out of the workplace, some of the best performing shares have been in the work-from-home class, which incorporates a mixture of legacy companies and newer startups.

To discover the founder-led startups which might be profitable in the distant work market, Business Insider consulted the Solactive index of 40 work-from-home corporations, screened for these based since 2000, and who’re nonetheless led by their founders.

The result’s the 16 following shares, introduced in order of their share-price improve from March 20 to July 20, with a word about what they’re doing proper.

Source link Businessinsider.com

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