It has only been nine days considering that I wrote an overview of the point out of VC investing during the increase of the novel coronavirus pandemic.
And what a 7 days it has been: The marketplaces have triggered circuit breakers for an unparalleled third time, a world economic despair would seem in the offing and the Trump administration is now proposing upwards of $1 trillion in fiscal stimulus on best of the Fed’s hundreds of billions of bucks in quantitative easing.
My God, there is so considerably news.
Specified how substantially has modified in just the previous couple of times, I required to revisit my first guidance and go about what is still real, what has turned out to be mistaken and what is trending 1 way or the other as activities unfold.
Let’s get commenced.
As I have mentioned ad nauseam this year, VCs are in a hyper-competitive sector like we have by no means seen right before. There are far more VCs, VC firms and VC pounds in much more geos all over the world prowling for the upcoming startup than at any time.
The coronavirus outbreak has not modified this essential thesis in the sector.