Coronavirus will likely cause a drop in venture capital funding for startups across the world, meaning many of these will disappear altogether, and making government intervention necessary. That’s according to Startup Genome’s ‘Governments, Don’t Let your Startups and Scaleups Die’ report, which states that the recent drop in venture investments in China will help predict what will happen in Europe and the US. “While it took 4 quarters for the US Series A and B venture investments to drop from their peak by 30 to 48%, a few weeks ago we had already documented a drop of 50% of Chinese…

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