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Can Virtual Deals Rise to Change the Shape of Venture Forever?

James Heath

Written by James Heath

2020 has been taken centre stage to accelerate virtual ways of working. Flexible and remote working is not uncommon nowadays, especially in the early stage tech scene – yet no one would have predicted the acceleration we have seen due to COVID-19.

With continued uncertainty, it is hard to see past a strategy that involves a considerable amount of virtual working – something founders I have spoken to in recent months are looking to embrace.

Venture investors are active and must change their traditional ways of working

Something on every founder’s mind, and with no change since the beginning of the crisis, is access to capital and investment. How could this change?

One thing for sure in venture since the beginning of the pandemic; the majority of funds (81% Jun-20, Mar-20: 74%) claim they are still ‘open for business’ – now a common phrase heard....