January was terrific. February was good. March was a mess.
Hello and welcome back to our routine morning look at personal companies, public markets and the gray space in between.
Today we’re unloading some brand-new information concerning what took place to Silicon Valley’s equity capital market in Q1, with a special focus on personal fundings towards the end of the three-month duration. If the degeneration in deal volume we’ll go over today persists into Q2, the United States’ largest start-up market could be in for more than a bump as the global pandemic slows financial activity.
We’ve already spoken with venture capitalists who purchase fintech, social companies, consumer startups, and other specific niches to comprehend today state of the venture capital market. We’re likewise browsing information on the domestic and international venture scene, digging into local data on Boston and Utah . Other cities and states will be analyzed in the coming weeks.
Fluid situations demand great deals of attention.
However, up until March of 2020, the equity capital and start-up market had one speed (fast) and one objective (growth). The brand-new typical of the COVID-19 age is various, and with the assistance of some outstanding information from Fenwick and West, a legal company that works with innovation business, let’s dig into how Silicon Valley’s endeavor scene nosedived as Q1 ended.
January, February, Ouch
The equity capital scene in Silicon Valley got off to a hot start in 2020. Fenwick’s collected information shows that there were 126 fundings in the area in January of this year– up more than 100% from the preceding year’s January tally of 60.
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.