The recent coronavirus outbreak has shocked markets around the world and US equities, in particular, have dragged into bearish territory faster than any other tumble. But as an institution focused on venture capital and startups, we asked the question, how will current economic conditions impact fundraising at the startup level. If history can teach us anything about the trials and tribulations startups have to go through during a downturn, we decided to look at the most recent market crash in September 2008 and looked at how VC-led rounds were impacted during the first full year after the crash.
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