Sharp drop in Fintech investment
due to a popular virus. Who couldn’t see this coming, the global market crash has led to a scramble to raise capital. Investing is a distant thought in such a market. About a two minute read.
Comment: this event is going to disrupt the disrupters. Most startups are cash poor but still have costs. Over time we’re going to see The Big Banks swoop in with offers these startups — or their bankruptcy administrators — can’t refuse.