Startup Around

Covid19, the perfect storm for startups and investors


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Fast forward six weeks and we are now in the grip of a global pandemic, with unprecedented market volatility and a looming global recession.
Public health and safety are the immediate concerns, but we have to be prepared for the collateral damage that will eventually hit the economy.Some cracks in the global venture eco-system were already apparent.
It was manageable as we were in a lean demand period and most companies had stocked up 3-4 months of inventory.
Growth & late stage consumer startups will see elevated impact as funding rounds are typically led by private equity, hedge funds and strategic investors, who are often overseas.
All investors have their hands full assessing the impact within their portfolio companies. | To read full story, visit https://startuparound.com/read/1584946805.3993702/Covid19,-the-perfect-storm-for-startups-and-investors?ref=audio_experience
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Startup AroundBy Startup Around