Hi and welcome back to our regular morning take a look at personal companies, public markets and the gray space in between.
Far, 2020 has actually proven to be a year of disappointments and surprises. Over the previous month, we’ve seen business like Toast go from raising huge new rounds this year at heightened appraisals to layoffs in mere months. TripActions is another example. BounceX went from a rebrand and an announcement that it had reached$100 million ARR Earlier this year to layoffs. TechCrunch has been speaking with VCs, founders and all sorts of folks to figure out what they are seeing in the market as we race to learn more about endeavor and start-ups in the COVID-19 age. To even more that objective, this morning we’re going to run a study of surveys, taking a look at belief and performance data collected by assessment shop Preferred Return, NFX, an endeavor firm, and 500 Startups, a start-up accelerator and investing group. As a bit of a spoiler, there aren’ttoo many smiles ahead. However march forward we must. Rewinding the clock Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.