Demand for Startup Investing Rebounds After Shutting Down in April
Following an impressive start to Q1, Stonks saw investment interest on the platform slow on a per startup basis towards the end of March into April. Looking at the numbers, the weeks of March 27th, April 3rd, and April 10th saw 16, 20, and 9 startups receive investment interest on Stonks, respectively. Over those same periods, median investment interest generated per startup remained low, failing to eclipse $350K in any week.
Beginning in early May, we saw a resurgence in investor demand on the platform, with median investment interest generated per startup nearing $1M on a rolling 5-week average basis in early June.
As a platform, we continue to see healthy investor engagement with the platform via RSVPs, attendance, chat activity, introduction requests, and indications of investment interest. Despite negative headlines and pervasive market conditions, we are already beginning to see investor behavior on platform start to return to early-2022 levels!