What do Tariffs Mean for Startupland?
Tomasz Tunguz
APRIL 2, 2025
The new tariffs have markets down broadly. What do they mean for startups? 1 In terms of first order effects, tariffs can impact a startup in two ways : the input costs and consumers’ demand. Most software companies don’t import or source critical components of the software from abroad so the COGS / gross margin structure of the company shouldn’t change unless they rely on significant hardware purchases, for example GPUs or robotics components.
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