159 sats \ 4 replies \ @grayruby 6 Jul \ on: What did you lose during COVID? oracle
Technically I didn't lose my business but our revenue dropped by almost 90% and by the time I sold the business almost 2 years later revenue was still down almost 50% from the peak. So I sold my equity in the business for about 1/3 of what I would have gotten for it in 2019. Is what it is.
This has happened to many people. One of my close friends sold his restaurant business for nearly half of its pre-covid valuation. I can understand what this feels!!
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Change is the law of nature. He who adapts to change survives best.
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That’s a loss
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