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Global VC Funding Dropped 20% Since Coronavirus Crisis Began in December

Dean Takahashi | VentureBeat | 5.20.2020

According to a report by Startup Genome, global venture capital funding has dropped by at least 20% since December 2019, as the impact of COVID-19 is felt across worldwide markets. The same report found that 40% of global technology startups currently have less than three months of cash on hand, assuming continuous operations.

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