Challenges faced by startups amid global pandemic

The pandemic has pushed a big percentage of the global workforce to engage in a remote-work experiment on a never-before-seen scale, and a lot changed in the last year.

Early-stage ventures, that are often strapped for funds and seeking to provide flexibility to their first set of employees, have reaped the biggest benefits from the remote working trend. They have witnessed the advantages of lower rent and reduced energy and utility expenditures.

Also, with more women joining the workforce owing to the flexibility that remote work offers, startups are gaining social advantages. As a result, there is a possibility that in the future, remote-only will become the norm for startups.

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