Some epidemiologists have estimated that COVID-19 cases will peak in April, but PitchBook reports that dealmaking was down -26% in March, compared to February’s weekly average. The decline is likely to continue in coming weeks — many of the deals that closed last month were initiated before the pandemic, and there is a lag between when deals are made and when they are announced.
In the earliest days of the COVID-19 pandemic, Rocio Wu explores how the rapidly unfolding situation may affect prevailing investment trends for TechCrunch.
There is still capital to be deployed in categories that interested investors before the pandemic, which may set the new order in a post-COVID-19 world.