The bargain will be won by venture capital firms at the expense of startups. With revenue hit by coronavirus, startup valuations are down, some as much as 40% according to data from Dealroom.co, which tracks European startups. Those startups with depleted cash reserves will find plenty in the vaults of venture capital firms. Goodwin Private Investment Funds partner Thomas Beaudoin discusses the state of European venture capital. Read the article in Forbes here.
In The Press May 24, 2020