EVVANGELIST
Updated 67 days ago
The emergence of the COVID pandemic created massive uncertainty throughout the economy. Innovation based startups typically have short capital runways. Uncertainty introduces new risks these companies will run out capital before they can generate meaningful revenue. While the medical uncertainty of COVID is waning the political uncertainty continues unabated...
It's great when trends are accelerating in your direction, but can be devastating when they are heading the other way. Some trends accelerated by the pandemic seem likely to persist, while others may diminish or disappear. Trying to make that call introduces a new dimension making early stage investments all the riskier.
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