COVID - 19
This guide provides founders with some tips to consider while fundraising during the COVID-19 era.
Irrespective of when the COVID-19 health threat subsides, the reality is that it has triggered an economic downturn reminiscent of the 2001 DOT COM bubble burst and the 2008 Financial crisis, if not worse. This is already manifesting in the trillions of dollars lost in global markets, record unemployment rates, and all-time low oil prices - all of which indicate that the recovery will take time; possibly at least 18-24 months, which startups need to proactively plan for.
This new economic reality makes fundraising, an already difficult task, exponentially more challenging for startups.