The sharp drop in deal data uncannily lined up with the day SF's shelter-in-place order went into effect.
While the sharp dropoff in deal count is symptomatic of the Covid-19 disruption, some other trends are long in the making.
Horizontal consolidations have been trending up and PEs have been on the sideline since 2019 with a historical amount of dry powder. Read more.
The Airbnb coronavirus loss is not only felt by the company itself, but also millions of its hosts and super-hosts. Tantalizing Youtube and Facebook content on getting rich quick with short term rentals now left millions on the hook for mortgage payments. Could it be a real estate glut after all?
What does a reopening look like? Waffle House might just be the litmus test. Famed for its resilience, the franchise now is testing the water for the entire nation. Check out Waffle House's profile. Read more.