How Startup Fundraising Will be Impacted by the Global Trade War in 5 Charts

Tytus Michalski
Jun 3 · 3 min read

It’s been a while since there has been a massive global trade war. Mostly because the last one didn’t work out too well.

Chart source: Our World in Data

Public equity markets collapsed during the last global trade war.

Chart source: StockCharts
Chart source: macrotrends

Startup fundraising does get impacted by large declines in public equity markets.

Chart source: PwC/CB Insights

With a global trade war on the horizon, expect startup fundraising to decline by up to -80% from the recent peak.

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Tytus Michalski

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Citizen of the world, building global ecosystems, karate zen, always learning, experimental writer, impulsive bookstore shopper

Fusion by Fresco Capital

Connecting innovation across sectors, borders, and worlds.