Even though the coronavirus pandemic had a tumultuous impact on the global economy in 2020 that caused an economic downturn, which the International Monetary Fund described as “the worst recession since the Great Depression,” nothing could be further from the truth for the U.S. venture capital industry. As the global community is managing divergent economic and social recoveries, the U.S. venture ecosystem ended 2020 with a record year, proving itself to incredible resilience and breaking industry records.