Nationally, startups pulled in a whopping $30.8 billion in the first quarter of 2019, up a staggering 22 percent year-on-year, according to Crunchbase’s latest deal round-up.
Angel Funding and Mega-Rounds Take a Hit
A closer look at the numbers reveals a big drop in angel funding, with a slight decrease in mega-rounds. This shift suggests that investors are increasingly favoring larger deals over smaller ones.
Angel Funding:
- Down 15% from Q1 2018
- Average deal size: $2.5 million
Mega-Rounds Take a Hit
- Down 10% from Q1 2018
- Average deal size: $150 million
While these numbers may seem discouraging, they also indicate that investors are becoming more selective and discerning in their investments.
Who’s Investing?
Airbnb has invested between $150 million to $200 million in Indian hotel startup Oyo. This deal comes right after its acquisition of HotelTonight and suggests that Airbnb is expanding its focus beyond ‘unconventional’ hotels.
The Future of Venture Capital
The future of venture capital remains uncertain, with many predicting a shift towards larger deals and more selective investing. However, it’s also clear that startups are continuing to grow and thrive, even in the face of economic uncertainty.
Key Takeaways:
- Angel funding is down 15% from Q1 2018
- Mega-rounds are down 10% from Q1 2018
- Airbnb has invested between $150 million to $200 million in Oyo
The State of Startup Funding
The first quarter of 2019 saw a significant increase in startup funding, with a total of $30.8 billion invested. While angel funding and mega-rounds took a hit, the overall trend remains positive.
What’s Next?
As we move forward into the second quarter, it will be interesting to see how these trends continue to unfold. Will investors become even more selective, or will they begin to take on more risk?
Only time will tell, but one thing is certain: startups are continuing to grow and thrive in the face of economic uncertainty.
Additional Resources:
- Crunchbase’s Q1 2019 Deal Round-Up
- Airbnb’s Investment in Oyo
By staying informed and adaptable, we can navigate these changes and come out on top.
Startup Funding: A Look at the First Quarter of 2019
The first quarter of 2019 saw a significant increase in startup funding, with a total of $30.8 billion invested. While angel funding and mega-rounds took a hit, the overall trend remains positive.
Angel Funding:
Angel funding is down 15% from Q1 2018, with an average deal size of $2.5 million.
Mega-Rounds:
Mega-rounds are down 10% from Q1 2018, with an average deal size of $150 million.
While these numbers may seem discouraging, they also indicate that investors are becoming more selective and discerning in their investments.
Who’s Investing?
Airbnb has invested between $150 million to $200 million in Indian hotel startup Oyo. This deal comes right after its acquisition of HotelTonight and suggests that Airbnb is expanding its focus beyond ‘unconventional’ hotels.
The Future of Venture Capital:
The future of venture capital remains uncertain, with many predicting a shift towards larger deals and more selective investing. However, it’s also clear that startups are continuing to grow and thrive, even in the face of economic uncertainty.
Key Takeaways:
- Angel funding is down 15% from Q1 2018
- Mega-rounds are down 10% from Q1 2018
- Airbnb has invested between $150 million to $200 million in Oyo
Additional Resources:
Crunchbase’s Q1 2019 Deal Round-Up, and Airbnb’s Investment in Oyo.
By staying informed and adaptable, we can navigate these changes and come out on top.
Startups Are Investors Too
Airbnb has invested between $150 million to $200 million in Indian hotel startup Oyo. This deal comes right after its acquisition of HotelTonight and suggests that Airbnb is expanding its focus beyond ‘unconventional’ hotels.
WeWork Acquires Managed by Q
WeWork acquired Managed by Q, a VC-backed startup that helps office managers and other decision-makers handle supply stocking, cleaning, IT support and other non-work related tasks in the office by simply using the Managed by Q dashboard. The company was most recently valued at $250 million, having raised a total of $128.25 million from investors such as GV, RRE and Kapor Capital.
#EquityPod
If you enjoy this newsletter, be sure to check out TechCrunch’s venture-focused podcast, Equity. In this week’s episode, available here, Crunchbase News editor-in-chief Alex Wilhelm and I chat about the future of a16z, Jumia’s IPO, the Midas list and more of this week’s headlines.
Topics include Airbnb, alex wilhelm, Clearbanc, Co-founder, economy, editor-in-chief, entrepreneurship, finance, financial advisor, financial advisors, Forbes, HotelTonight, investment, Oyo, startup, venture capital.
Additional Resources:
Crunchbase News, and TechCrunch.
