Late last year, we surveyed venture capitalists at Web Summit to better understand how they felt about emerging technology—the promise, the perils and profitability of it all. The results showed optimism about future opportunities, concerns about rising valuations and a strong emphasis on growth over profit for VC-backed companies. Interestingly, 61% of surveyed investors said they were preparing their funds for a downturn.
Now, more than 6 months later—in the throes of a global public health crisis and abrupt economic slowdown—we asked VCs the same questions.
The survey, conducted in partnership with Collision From Home, also included questions about investment activity during the pandemic, how firms are supporting their portfolio companies and how opportunities could change after COVID-19.
The datagraphic below shows an overview of the most recent survey results. Where applicable, we’ve also provided data from the 2019 survey for comparison—an indication of how investment attitudes have evolved in the wake of coronavirus.