Q1 was alright. Q2 and Q3 are going to suffer.
Hey there and welcome back to our routine morning look at private business, public markets and the gray area in between.
Today we’re taking a look at a little data on the European venture capital scene in Q1. Similar to our looks at other areas like Silicon Valley and other bits of the United States, we’re analyzing what occurred in the first quarter. Q1 2020 includes pre-COVID-19 results, though as some European nations started to lock-down before the United States, there may be more pandemic-impact in the following outcomes than we’ve seen locally thus far.
Today’s grip of data is through the folks over at PitchBook, who put together a venture-focused dig through the continent’s very first three months of the year. Let’s parse the top numbers, make a comparison or more and after that aim to what’s next.
Q1: An okay quarter
Regardless Of COVID-19, China’s broad shuttering and an aged booming market deep, Europe’s venture capital activity in Q1 2020 was primarily great. It wasn’t fantastic, and there were some less-than-winsome results that might be chalked up to the pandemic, however the first quarter provided an alright start to the year.
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.