INSUBCONTINENT EXCLUSIVE:
A hot start to 2020 gives way to a sharp slowdownAs domestic and global economies grapple with the COVID-19 era, its impact on startups is
coming into focus: All will be impacted, many will suffer and some will close.Boston, a city that A Technology News Room keeps tabs on, has
seen a number of well-known startups struggle in recent weeks
Their misfortunes come quickly after companies in the region recorded huge venture raises, generating notable momentum.In December, A
historical gains in the venture world
two venture deals stood out for how large they were and how close to one another they were announced.Indeed, looking at preliminary venture
data from Crunchbase, Boston was on track to crush its 2019 tally of venture rounds of $50 million or more in 2020
investors and founders, including David Cancel of Drift (the previous founder of Compete and other companies), Drew Volpe of First Star
A Technology News Room had intended to start a monthly series on Boston and its venture capital and startup scenes later this month
widespread restaurant closures
