Raising capital amid the Covid-19 crisis

A reality check for early stage businesses currently seeking VC investment

Image for post
Image for post
  • Companies formed during recessions end up being some of the most successful. Investors will want to catch the next wave. Record amounts of dry powder are sitting on the sidelines.
  • When the brakes are eased off, be ready. Use the intervening time to rework plans based on the latest customer feedback. If your Problem/Solution hypothesis is not still intact, take immediate action.
  • If you remain confident, monitor as many leading indicators as you can, develop financial scenarios and key decision points. Debate everything with the team. Be open.
  • Finally, when you truly believe you are ready, rework investor materials. Your assessment of Covid-19 risks and opportunities will be an essential addition.

Written by

Founder & CEO of UK startup to scaleup advisory firm Duet Partners

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store