One of the heavy OpEx costs for startups comes from rent payments. But with employees forced to work from home, startups are looking to make adjustments, either by reducing cost or delaying payments.
Our survey of more than 55 companies found that, of those who said they managed to renegotiate their contracts, 50% obtained a discount of 8% to 20% on rent. A further 32% negotiated a delay of rent payments or moved to a monthly payment schedule.