Startup Around

VCs warn coronavirus will impact fundraising for the next 2 quarters – TechCrunch


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As of this writing, COVID-19 has killed more than 3,400 people around the globe and the coronavirus has infected tens of thousands more.
Big tech companies are asking workers to stay home and investors are now urging startups to prepare accordingly.
Coronavirus fears are now affecting fundraising for startups.
The letter also warned they could have a harder time fundraising, similar to the market downturns of 2001 and 2009.
She told TechCrunch that many of the coffee shops and co-working spaces popular among VCs have gone empty in the last week and all of her fundraising meetings are conducted via Zoom. | To read full story, visit https://startuparound.com/read/1583616615.8164964/VCs-warn-coronavirus-will-impact-fundraising-for-the-next-2-quarters-–-TechCrunch?ref=audio_experience
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