2020 has been an unprecedented year thanks to the COVID-19 pandemic, with radical changes in the way tech companies do business coupled with economic disruption that arguably is unrivaled since the Great Depression — and venture capital hasn’t been completely spared either.
The VC industry was disrupted in the second quarter as predicted, but the good news is that the results were not nearly as bad as they could have been, according to the quarterly PitchBook-NVCA Venture Monitor report released early Tuesday.