“As the world surveys the economic wreckage of the pandemic, there is talk of another type of recovery: a K-shape. It’s a two-tier recovery, where a fall for almost everyone is followed by a continued decline for some but a remarkable bounce back for others. As we look ahead, in 2021, the group still in decline will likely include old economy businesses and those in travel, hospitality and events.
With yet more lockdowns this winter, any hopes of a short-term reprieve in the form of a swift return to normal have been delayed until a wide rollout of vaccines”, writes Crunchbase guest contributor Olav Ostin, Managing Partner, TempoCap.
Read more: Crunchbase
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