What Startup Funding Will Look Like in a Post-COVID-19 World
By Chidike Samuelson
The first challenge facing startups in America, Europe and the rest of the world is to survive the pandemic. Not many have survived, and many others have hibernated while the storm has lasted. The fortitude to restart after such a huge blow can be even harder to come by than the fortitude they needed to start in the first place.
The National Venture Capital Association hasn’t added any cause for optimism in its new report detailing how the coronavirus will impact startups in the coming quarters. The NVCA started the report with the grimmest prediction, “Fasten your seatbelts, it’s going to be a bumpy ride”. The NVCA expects VC investments to “drop significantly.”
Photo courtesy of martaposemuckel.