After March seemed to slowly drag on, the days of April zoomed by. While adjusting to everyone's new normal, there is plenty to uncover surrounding the VC eco-system.
The month of April begins the expected pushback in investment deal volume. The setbacks of COVID-19 will likely continue for several months, depending on the rate of re-opening the U.S. economy, global trading, and our lives. April brought 239 deals combining for a total of $8,040,000,000. Compared to March, we recorded 16 more deals, but over $1.5B less invested.
It's beginning to feel as if we are entering the COVID-19 drought with respect to founders having success in funding. The next couple of months will likely show how much investors pulled back during the past 45 days.
Jumping into springtime, let's hope that the current April showers can bring May flowers!
Any comments, suggestions, and feedback would be much appreciated