VCs say that they're waiting for the 'new normal' before making big new startup investments: 'Whether they admit or not, everybody's in a little bit of a wait and see period'
VCs are preparing themselves for "a new normal" as the coronavirus outbreak continues to push people into quarantine and batter markets.
And VCs warn that startup funding could dry up further as their own investors, known as limited partners, grow more reluctant to fund newer, less-established VCs.
"We may not return back to normal â€” we'll likely find a new normal instead," Jones told Business Insider last Friday.
Over the past ten years, the VC industry has diversified far beyond traditional venture funds.
But as the coronavirus crisis hits all industries, VCs say that their investors, known as limited partners, are hurting.
Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.
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