In these uncharted times, firms are rewriting term sheets and valuations are dropping. How will that impact current era funds?
Demand for sextech, gambling and cannabis products began to skyrocket when lockdowns began.
Jury is still out, but heavily invested legacy vintages might suffer more than funds in the coming market.
SOSV's labs, which have remained open during the national lockdown, have already worked with more than a dozen start-ups on the front lines of the covid-19 response.
VCs are focused on their current portfolio and open to hear pitches. Just don't expect a ton of new deals.
VC funds well into the fundraising process should be able to hold first or final closes, but most new efforts will be put on hold, says Kelly DePonte of Probitas Partners.
We think it’s crucial that we maintain a close dialogue at this time, to understand people’s thinking on how the industry can best deal with the crisis, share best practices and draw on their feedback.
Although most venture-backed companies are still learning how the coronavirus pandemic impacts their business, Viola's study shows a growing number are affected.
No one is immune from the pressure to offer a term sheet within 72 hours, and that rapid-fire process may seem nuts to an outsider, writes the managing directors of Sozo Ventures.