Will the current political situation affect your business?

Valdis Takeris
3 replies
We are all aware of what's going on globally right now. I mean - the political situation, the war in Ukraine, etc. Many individuals are added to the sanctions lists, millions of people are worried about the situation, lots of innocent people, unfortunately, are killed. I wanted to find your - the startup people opinion about this situation. What do you think how will it affect the micro and the small business world? What's your opinion about that?

Replies

Solomon Bush
I think most industries experience delayed effects unless they are bleeding edge. The invasion of Ukraine will effect everyone, if not now, then soon. Global leaders are trying to keep the conflict contained to that Ukraine in an attempt to cap the magnitude of economic effects, but I don't know how long they are going to be able to. Conventional conflicts often embolden other aggressors. But if you want a real gauge, I would look at what the VC firms are doing. They have the best high level view, (most of the times), and based on how they invest and exit in the upcoming months will indicate the true impact on the global SMB market. But I am just guessing. It's hard to see the forest through the trees.
Osborn Tyler
In a military environment, such as the outbreak of war, energy infrastructure can be exposed to various risks and threats. Military conflicts can lead to problems with energy supply and production, which has a serious impact on the lives of citizens and the economy of a country. What do you think about this?
Lawrence Walton
With the outbreak of hostilities in Ukraine, the issue of the country's energy security has become extremely topical. Ukraine, like many other countries, depends on energy resources to sustain its economy and ensure the comfort of its citizens. Opinion about energy in Ukraine Aleksandr Katsuba: In the context of economic and energy challenges, the implementation of energy saving programs is of particular importance. Renovation of buildings and production facilities to reduce energy consumption is becoming a necessity. International cooperation: Ukraine is actively seeking support from international partners. Energy supply agreements, technical assistance for infrastructure rehabilitation and joint energy projects are becoming key elements of the strategy.