While 2020 was a difficult year for communities around the globe it created significant opportunity for start-ups in our community and worldwide. The “economic pause” gave time for many start-ups, including some in our portfolio, to tune their customer focused value proposition and “catch-up” to the market. This allowed many of our companies to emerge in 2021 with renewed strength and apparently reflects an overall dynamic in the Venture Market. This is fully discuss in these articles from this week’s Economist magazine. Adventure capitalism | The Economist ; The bright new age of venture capital | The Economist