INSUBCONTINENT EXCLUSIVE:
The COVID-19 pandemic has shifted their pace, focus and interestsAs the global economy grinds to a halt, every business sector has been
impacted, including the linked worlds of startups and venture capital.But how much has really changed? If you read VC Twitter, you might
think that nothing has changed at all
But as Q1 venture data trickles in, it appears that a slowdown in VC activity is gradually forming, something that founders have anecdotally
Room corresponded with a number of active investors to learn how their investment selection process might be changing in light of COVID-19
and its related disruptions
We wanted to know how their investing cadence in Q1 2020 compared to the final quarter of 2019 and the prior-year period
We also asked if their focus had changed, how valuations have shifted and what their take on the LP market is today.We heard back from
Duncan Turner of SOSV, Alex Doll of TenEleven Ventures, Alex Niehenke of Scale Venture Partners, Paul Murphy of Northzone, Sean Park of
bias at work, but the venture capitalists who were willing to answer our questions were quick to note that they wrote a similar number of
checks in Q1 2020 as in both Q4 2019 (the sequentially preceding quarter) and Q1 2019 (the year-ago quarter)
Some were even willing to share numbers.
