Friday Letter: Surveying readers on story of the year

It's that time of the year again, when we look ahead and take a peak back at the news that shaped the VC community. Was it all pandemic-related? What else happened that was remarkable in 2020?

Happy Friday, everyone.

It’s the day after Thanksgiving in the US, and most of us are off again today, if not the entire week. I hope everyone had a safe day yesterday.

As we wind down to the end of the year, it’s that time again to look ahead to 2021. But before we do that, the staff of Venture Capital Journal has already begun to take a look back at the past year. And what a year it was.

Certainly, the covid-19 pandemic dominated everything. How venture capitalists and their limited partners responded to the changing world, with social distancing and working from home, was the story of 2020. As Jon Callaghan told me last week, the way his firm and others responded to help guide their portfolio companies through the pandemic, recession and other events in 2020 have made this the “year of the platform.”

But more happened this past year than the coronavirus, as pervasive as that has been.

This year saw a record level of fundraising. Established mega-funds weren’t the only firms raising commitments, as new players also emerged to launch their inaugural funds.

On the regulatory front, proposed amendments to the Volcker Rule would allow banks to invest in VC.

Meanwhile, VCs the world over explored new markets, hired new partners and some focused their efforts on sectors that would play well in the dual era of a pandemic and a recession.

Here’s where we need your help. Drop me a line at and let me what you think the story of the year was in 2020. It could be the VC community’s response to the pandemic. Or it could be a notable fund or firm hire. Or maybe you have your sights on the exit market and SPACs and how that will impact your business activity into the new year.

This is an un-scientific approach, I know, but I would love to hear from you.

Have a great rest of the day everyone, and thank you!