Despite the turmoil, the U.S. venture capital ecosystem proved its resilience and performed surprisingly well in 2020.
Looking forward to 2021, we see another strong year for venture capital and a great awakening for venture debt, a type of debt financing provided to venture-backed companies by specialized banks or non-bank lenders that is less dilutive than equity financing and often complementary to venture capital.
SaaS is immune to Covid
When it comes to capitalization trends in 2021, it is clear that Covid has done little to slow the rapid growth of software as a service (SaaS). For proof, look no further than the successful Snowflake