INSUBCONTINENT EXCLUSIVE:
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.As investors struggle
to price the stock market as economic and political news continues to break, the private market is entering a rough period
It seems increasingly likely that the period of disruption due to COVID-19 will persist for months, if not quarters
For some cohorts of startups, the outlook is even worse
Think about travel startups, ride-hailing upstarts, and any grouping of private companies that pursued a high-burn, high-growth model; that
final category is about to run into the twin issues of the inflexibility of cost structure and the impact of slowing sales
That alone would make fundraising more difficult; toss in a deflating stock market and possible recession, and the mixture is a downright
mess.But we owe it to ourselves to survey what is going on in an attempt to answer our own questions about IPOs, exits, unicorn tallies, and
Unlike when things were less bad, there will be no laughing this morning and no jokes
