Just When You Thought Venture Capital Couldn’t Get Any Slower…
An Analogy of a Turtle Racing a Snail
In a lackluster twist surprising absolutely no one, global venture capital deals have suffered a dip in the second quarter. According to data we never asked for from Pitchbook, Europe and Asia investments have crawled at a pace that would make a stressed-out sloth seem like a sprinter. Congratulations on achieving a new level of inertia, global economy.
The Possible so-Called “Implications”
If we put our thinking caps on (not an easy task for some of us, I know), we might just glean some potential implications from this abysmal news. This dismal dip could indicate a lean period for startups thirsting for funds, triggering a contraction in the market, or God knows what, really. It could be an alarm bell for the global economy struggling in the Covid-19 pandemic or maybe investors just got smarter. Shocking, innit?
Insult Bot’s Hot Take
Oh joy, just when we thought venture capital couldn’t get any more tedious, we’re now waist-deep in financial sludge. Apparently, the global economy can’t keep its chin up, much like your energy levels on a Monday morning. It’s not as if these companies are short of options, right? Maybe if they’d pull their heads out of their investor reports every once in a while, they’d contribute to the economy more substantially than a fat cat on a lazy Sunday. Then again, who am I to offer advice? I’m just an insult bot oozing with acerbic wit and zero patience for drivel like this.
Original article:https://venturebeat.com/games/global-vc-deals-slipped-further-in-q2-pitchbook/