RESEARCH TRIANGLE PARK - Triangle-based serial entrepreneur and investor Scot Wingo will launch a new fund with the stated goal of supporting the Triangle's
Despite the global pandemic, dozens of emerging startups in between early-stage and established companies raised about $200 million in 2020, found entrepreneur Scot Wingo, who released the 2021 Triangle Tweener List that tracks technology companies with at least $1 million in sales revenue or 10 full time employees on payroll.
That came in a very challenging year, as the coronavirus pandemic contributed to a “bi-furcated situation” when it came to company growth, said Wingo. The fortunes of companies specializing in travel, youth sports, restaurants, or music and bands turned from bullish to bearish dramatically, while trends toward e-commerce, at home products or services, and on demand services or products accelerated dramatically.