Deepak Gupta, founding partner at WEH Ventures, forecasts the resilience of early-stage venture deal volume following the initial COVID-19 shock in May 2020.
“I'm not sure the, you know, in nine months time, we will be doing only half the deals that we did before. We'll be doing probably better than that.”
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More from Deepak Gupta
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Deepak Gupta: High-volume seed dealmaking does not yield good companies
“We also do not think that just doing large numbers of deals is the answer to get to good companies.”
Deepak GuptaMay 11, 2020▶ 15:12Deepak Gupta, WEH Ventures on Impact of COVID19 on upcoming Investments & Startups
Insight
Gupta: Investors Should Keep Deploying in Downturns Rather Than Withdrawing
“A downturn is not necessarily a crisis. So, if you can hold your conviction and invest, you should do that. It may be harder to invest at the same rate, and it's probably foolish to do that, but I don't think a complete withdrawal is something that I would pur…”
Deepak GuptaMay 11, 2020▶ 6:54Deepak Gupta, WEH Ventures on Impact of COVID19 on upcoming Investments & Startups
Insight
Gupta: Even Top Founders Flounder in Multi-Year Market Downturns
“If you see the Nasdaq downturn, It was actually quite prolonged. It was for more than two years. And in those kind of downturns, even the best of founders may flounder simply because, you know, it's very hard to sustain a business over two, three years of a do…”
Deepak GuptaMay 11, 2020▶ 7:24Deepak Gupta, WEH Ventures on Impact of COVID19 on upcoming Investments & Startups
Insight
Gupta: Startups With Crisis Tailwinds Should Play Offense, Not Just Survive
“So if you are in the tailwind sector, many of our companies are, especially those who have content, or even small case and you have the capital, then you should be, what I call, semi-aggressive. Because if you see the general advice, it is survive. I think sur…”
Deepak GuptaMay 11, 2020▶ 17:49Deepak Gupta, WEH Ventures on Impact of COVID19 on upcoming Investments & Startups
Insight
Gupta: Startups on weaker footing during prolonged crises should pursue M&A
“I would actively urge companies who are slightly in a weaker footing to think through potential M&A possibilities. Because, ah, you know, if raising capital is going to be difficult, and they will lose some competitive advantage during the, if this crisis is s…”
Deepak GuptaMay 11, 2020▶ 19:44Deepak Gupta, WEH Ventures on Impact of COVID19 on upcoming Investments & Startups
Insight
Gupta: Crisis Survival Requires Pragmatism That Contradicts The Passion VCs Seek
“When the crisis hits one of the things is to be pragmatic and non-emotional, right? Which is actually a contradictory quality to when we appraise entrepreneurs upfront where we want them to be passionate and all that. But they have to be sort of passionate and…”
Deepak GuptaMay 11, 2020▶ 21:23Deepak Gupta, WEH Ventures on Impact of COVID19 on upcoming Investments & Startups
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