Cynthia Clarfield Hess, Mark Leahy, Barry Kramer and Khang Tran, Fenwick & West | 6.12.2020
Data gathered by law firm Fenwick & West shows that COVID-driven trends in the venture market may not be as negative as some originally feared. The firm's April 2020 survey shows a slight decrease in the percentage of up-rounds, a decrease in the percentage of down-rounds and an increase in the percentage of flat rounds as compared to March 2020. Total venture capital deals rose from 54 in March to 65 in April. Read more here.