Tag: GeekWire

01
Oct
2020
Posted in technology

Seattle startup leaders remain optimistic despite pandemic, new GeekWire 200 CEO survey shows

A majority of top startups in Seattle and the Pacific Northwest are seeing little or no impact on their businesses from the pandemic, or even a positive impact.

Most plan to hire more employees this year. And many are optimistic about the regional economy over the next 18 months.

Those are some of the takeaways from the first-ever GeekWire 200 CEO Insights survey. We polled the leaders of companies ranked on the GeekWire 200, our list of the top privately-held tech startups in the Pacific Northwest, and received nearly 50 responses. Topics included everything from the timing of bringing employees back to the physical office to whether a Trump or Biden administration would have a more positive impact on the U.S. tech and business climate.

The results, collected anonymously, provide a unique snapshot of the regional startup ecosystem and broader tech industry. Here are some of the highlights.

  • More than half of CEOs said their business has experienced little to no impact from the pandemic, or a positive impact. About a quarter said they project year-over-year revenue increases. “Seeing negative impact for some of our customers causing loss of revenue, however other sectors are thriving and driving new business opportunities for us,” one CEO said.
  • A quarter of CEOs said they aren’t comfortable sending workers to the office until a vaccine is readily available, while 10% are allowing the majority of staff in the office now. “We are productive working from home and will not put our employees or their families at risk until we can be more certain all are protected,” one CEO said. A few noted that employees only want to come into an office a few days a week, even when it is safe to do so.
  • Nearly half said there is no change in access