Lazarus companies on the rise

The pandemic hit thousands of firms across the country, especially those in the service sector. Hertz filed for bankruptcy and Airbnb laid off a quarter of its employees. So how were these companies able to thrive after knocking on death’s door?Axios Re:Cap talks with Axios’ chief financial correspondent and author of the weekly Axios Capital newsletter Felix Salmon on the “lazarus” companies of the pandemic-era.

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Each weekday afternoon, Axios unpacks the biggest story of the day and why it matters. We'll take you inside the accelerating forces, technologies and trends that are remaking your world and work. About Axios: Axios is a digital media company launched in 2017. Axios - which means “worthy” in Greek - helps you become smarter, faster with news and information across politics, tech, business, media, science and the world. Subscribe to our newsletters at axios.com/newsletters and download our mobile app at axios.com/app.  Axios Re:Cap is on hiatus until October 2021.