In a survey of more than 100 of its 250-plus investors, 58% o the respondents said the COVID-19 environment has not affected their investment decisions at all, while only 7% said they have cut off all their investment activities. Another 24% said they had to cut back investing moderately, while 11% said they cut back investing significantly.
“Northeast Ohio’s startup investors are not on the sidelines,” managing director Todd Freeman said in an email. “Almost 60% of them report no change to their personal startup investing activities.”
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Story excerpt provided by Crain’s Cleveland Business.
Written by Jay Miller.
Originally published July 31, 2020.