INSUBCONTINENT EXCLUSIVE:
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.
All around, this has
The coronavirus is spreading and worry is running high as infections mount
In economic terms, global markets were repeated declines last night (domestic results here), and the United States indices are off again
this morning.
There been plenty of bad news to read, even in our private market, startup-focused world
Yesterday the impact of COVID-19 on earnings became more apparent, bringing what has, for months, been an external concern to domestic
The past week market collapse into correction territory hasn''t helped,.
But the story so far has largely beenpublic-market focused and with
good reason: You can see the public markets contract in real-time
It far harder to see into the shifting dynamics of the private market
Today, however, we are going to try, all the same, by digging into some preliminary venture capital data.
I realize that the last few days
So, at the end of this piece, I&ve excerpted a quote from a recent interview I held with the CEO of Smartsheet, Mark Mader, about tech
cycles, downturns, and getting through tough times
It perhaps useful today as the downward trend appears to continue.
Let start with a brief reminder of how elevated stock prices remain and
what that means for tech multiples, and then look at early February VC results from the United States , China and Europe
With that, in Sanskrit: #2309;भिमुखी करोति.
Multiples, Markets
Before we
dig into the venture capital data, a reminder that, even with recent declines, we&re still in warm waters as far as tech valuations go.
