Results also examine investor sentiment towards emerging tech, and offer a look at investing in a post-Covid world
PitchBook, the premier data provider for private and public equity markets, released the findings from a new survey conducted in partnership with Collision from Home, a Web Summit event uniting more than 32,000 founders, innovators, and investors. The survey, PitchBook-Collision Venture Investor Survey, examines activity of venture capital (VC) investors during the coronavirus pandemic, as well as overall sentiment towards technology and the future of investing after Covid-19. According to the findings, venture investors managing funds of all sizes are reporting mixed coronavirus impacts to their investing strategies and portfolio companies.
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The survey was administered to 110 venture investors attending the virtual Collision from Home conference. Investors in attendance were from all over the world, and fund sizes under the respondent’s management spanned US$1 million to $31 billion. PitchBook also partnered with Web Summit on a similar survey at the company’s flagship event in Lisbon in November 2019. Comparing results with those from the earlier survey, the new PitchBook-Collision Venture Investor Survey shows how investor sentiment has shifted in just over six months.
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“The mixed responses from investors provides an interesting look at the venture ecosystem during the pandemic. We’re starting to see a shift in sentiment begin, as 11 percent of respondents reported pulling back or halting investments completely,” said Cameron Stanfill, VC analyst at PitchBook. “As difficulties related to the crisis progress, this pullback in investment seems primed to continue. There are still a lot of uncertainties as to what the next few quarters will hold as we continue navigating the pandemic and its full effects on VC.”
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