Stories of Technology, Innovation, & Entrepreneurship in the Southeast

June 16, 2020 | Tom Ballard

CEO of healthcare start-up describes challenging times for venture funding

What’s the future like for healthcare companies when it comes to venture investment? Eric Stone, Co-Founder and Chief Executive Officer of Velano Vascular, writes the following in a publication named STAT: “New deals are exceedingly rare right now, and industry pundits say that the deals that do get done are on far less frothy, or certainly more realistic, terms — approximately 30 percent lower valuations and falling — than before COVID-19.” He continues: “The word on the street is that venture capital firms are looking for a two-year runway, a difficult measure to assess in times of extreme uncertainty.” Click here for the full article.



Like what you've read?

Forward to a friend!

Don’t Miss Out on the Southeast’s Latest Entrepreneurial, Business, & Tech News!

Sign-up to get the Teknovation Newsletter in your inbox each morning!

  • This field is for validation purposes and should be left unchanged.


No, thanks!

Teknovation.biz
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.