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Comment by snickmy | Hacker News Reader

I would love to hear more how the COVID19 has exacerbated the business down period. I naively thought that enterprise software would not see a strong impact from COVID19 in the first 2-3 months.

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99% of all businesses are planning on at least two really bad quarters coming up. Very few have cash reserves to cover shortfalls. If you’re planning out the rest of the year, and you were already in a little trouble, you have to cut expenses immediately.

I’m not sure Omni is as tied to quarterly planning/reporting; but for those who are, and are on the regular calendar schedule, this all happened just in time for a lot of the potential Q1 end of quarter sales to dry up as everyone tightened up.

Honestly, I don't know how much of this was COVID and how much was just a slowing of the business over the past few years and this is an inevitable consequence of that. I think the business has always more or less run on fairly thin margins (again, it's mostly designed to fund a lifestyle of building awesome Apple apps, not get the founders rich at the expense of employees/customers/VCs/etc.), and so even fairly minor disruptions could cause that to become a big issue.

In times like now, new sales of premium niche software are one of the first things to vanish. Better diagramming isn't my core concern right now

i wouldn’t think so either but in no way is omni in the category of enterprise software.

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