Mark Cuban went ‘Big Short’ on the Coronovirus and hired his own army of wage slaves to survey the new post-covid opening of the Texas Economy. He says he will do follow up analytics as well.
IMO doesn’t look great, but who thought it would?
We called ~1000 restaurant and retail locations based on popularity (we used # of reviews on Yelp by category as a proxy) to assess full re-open rate (open for dine-in, in-person shopping etc.)
We conducted physical audits at ~300 locations across restaurants and retail locations in Dallas to assess compliance against state re-opening protocols
1)Re-opening Rate: Only 36% of businesses chose to open on the opening weekend
2) Aggregate Degree of Safety Protocol Compliance – By Locations: Overall – 96% of businesses were non-compliant across all mandatory protocols and all locations. The extent of non-compliance is dramatic with ~1/3 of all locations being <50% compliant across mandatory protocols as established by the Governor’s office.
3)Aggregate Degree of Safety Protocol Compliance – By Protocols: On average, ~60% of mandatory protocols were followed and ~54% of all suggested protocols were followed. In aggregate – locations followed ~58% of all mandatory + suggested protocols.
4)Individual Location Assessments: Overall – there is a wide discrepancy amongst individual level performance by location type.
5) Comparative Benchmarking Assessments: We’ve done very preliminary levels of comparative analysis, but early assessments show a pattern in the data of highly variable compliance within a parent franchise.
TLDR: Mark Cuban says the opening is mostly for show and majority of small businesses have no idea how to operate post-covid.