The first quarter of 2019 may not have broken records, but it puts the year on track for a solid performance after the historic successes of the previous 12 months.
There was always a question about whether the pace set by the 12 preceding months could be sustained in the first quarter of 2019, and while the first three months have not demonstrated quite as notable a trajectory in terms of deal numbers, there remains cause for optimism that this year will be another great one.
The first quarter serves as a solid footing, as each month brought us 49 deals for a total of 147 investments. Although this was less than the 174 deals in the same period a year ago, those deals were worth a total of nearly $2.58bn and that is slightly more than the $2.53bn recorded in the first quarter of 2018.
It is, of course, too early to determine whether a flurry of transactions across 2018 and smaller deal sizes will be replaced by fewer deals and bigger cheques, but the fact that…
Thierry Heles
Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).
