Mission: Torun

thanks to the amazing people who develop ArawakX . "Moving people from consumers to owners" is the mantra for the Bahamas ecosystem.
Stay tuned for more or come to enjoy visa!

In the first quarter this year, U.S. startups raised $69 billion from investors—41% more than the previous record, set in the fourth quarter of 2018, according to data firm PitchBook. The average valuation for startups at all stages also reached a new high and more than tripled from last year to $1.6 billion for late-stage companies. “I’ve never seen it this frenzied,” one investor tells the The Wall Street Journal

Silicon Valley’s Deal Machine Is Cranking: ‘I’ve Never Seen It This Frenzied’ Years into a boom for venture capital, deal flow and valuations are reaching new peaks, and among the biggest beneficiaries are the companies vying to become the next big social-media platform.

The last recession in 2008-2009 served as a reminder that great companies, such as Airbnb, Credit Karma and Uber were founded during a time of crisis.

Investors and founders forged ahead and learned to adapt to a virtual environment, with COVID-19 impacting sectors to varying degrees. Healthcare which has traditionally been slow to innovate saw a surge in interest from investors (42%), followed by remote work solutions (32%).

Going forward into 2021, investors intend to build on this momentum. To find out more about survey results, please click here.

How the Startup Investor Community has Responded to COVID-19 as the Pandemic Enters Year-Two 500 Startups, a leading global early stage venture capital firm, has been keeping a pulse on its startup investor community since the pandemic began last year.