Seeding the exception: A flight to safety and back again
6 min readMar 22, 2021
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This time last year we were in the midst of the worst stock market crash in history. The private markets were no different. Notably, Sequoia published Coronavirus: The Black Swan of 2020.
Sitting at the bottom, few of us would have predicted public and private markets hitting all-time highs less than a year later.
We saw record capital deployed into startups in 2020 and no slowdown in financings.