Last year was a disaster across the board thanks to a global pandemic, economic uncertainty and widespread social and political upheaval. But if you were involved in the private markets, however, 2020 had some very clear upside — VCs flowed $156.2 billion into U.S.-based startups, “or around $428 million for each day,” reports Alex Wilhelm. “The huge sum of money, however, was itself dwarfed by the amount of liquidity that American startups generated, some $290.1 billion.” Using data sourced from the National Venture Capital Association and PitchBook, Alex used today’s column to recap last year’s seed, early-stage and late-stage rounds. In subsequent columns, he’s taking a closer look at trends in European startup investment, fintech, “and what we can garner regarding China and India.” If you have any hard data about Africa-based startups, please contact him at alex.wilhelm@techcrunch.com. Thank every much for reading Extra Crunch — have a great week. Walter Thompson Senior Editor, TechCrunch @yourprotagonist Read more |
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