Musings

I have been on a lot of earnings calls and partnership updates from many of our investments the last week.

Here are some of the notes that I have taken that struck me as interesting.

“Home Depot number of store visitors were down 4%, average order up 11%”

“Online grocery sales up 5X since the crises began”

“Approx 60% of US manufacturing employees are working remotely”

“Online consumer care products are experiencing some of their best months”

“Commercial Office real estate is a bit of a Schrodinger’s cat at the moment – can make the argument that it’s demand will be lower in a post COVID world as people will work from home more. Demand will be higher because more space will be needed per/employee to accommodate social distance in the office”

“20% unemployment is 80% employment.”

I don’t know what the world will look like in the post COVID world, but there are many interesting trends beginning to develop.

Consumer behavior is definitely changing – is the change permanent or just a temporary blip? The integration of technology in the shopping experience is now a permanent fixture. From the shopping experience, to inventory management, payment, fulfillment and delivery is now an integrated system.

I am excited to see how the world will evolve in a post COVID era.

Bye for Now.