Blink CEO, Paul Prendergast, shares the challenges the company has been facing during Covid-19 and how the business is adapting to these challenges. He also provides his top piece of advice he would give to another SaaS CEO in this SaaStock blog.

Biggest challenge(s)

Slowed revenue; extending runway; pivoting business model.

How are you adapting to your biggest challenge(s)?

“By launching new parametric product and service capability (Energy, Climate, Travel, Luggage). By showcasing the adaptability of our proven Blink parametric platform.  It can serve as an Insurance product conduit for Insurtechs worldwide who lack the critical method of service delivery for their solution. By working intensively on new partnership agreements with leading Insurance brands – to be formally announced in the coming months.”

What’s the top piece of advice you’d give to another SaaS CEO during this climate?

“The best advice I ever received regarding innovation was “Keep going!”. Truly there has never been a better time or a greater need for innovation.”

 

To read the full blog on how 60+ SaaS founders have adapted to the challenges of Covid-19, remote work and a market downturn, click here. With thanks to SaaStock!