Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.Earlier today, PwC and CB Insights dropped a sheaf of data concerning the global and domestic Q1 venture capital market, something well be yanking data points from here and there for a few days.
What matters is that our continuing hunt to understand whats going on with VC and its investment habits (some of our recent work hereand here) can take another step forward today.Were talking about three trends this morning: The sharp decline in Q1 United States seed rounds, how mega-rounds ($100 million and larger funding events) are holding up the sky for domestic venture totals, and what March might tell us about whats going on with COVID-19 and VC activity today.Ready? This is going to be quick and easy and fun.According to the report, domestic Seed rounds, in slow decline since peaks in 2017, have sharply fallen since Q3 2019.