Lucid Lab Co-Founder: This Is The Worst Possible Time To Raise Capital
Posted On March 29, 2020
- As it turned out, people were still buying beer, wine, toilet paper, soap, and toothpaste albeit less frequently and with higher sensitivity to price.
- Consumers will likely buy products that are priced at the lower end of the market while purchasing less frequently.
- On the development side, we anticipate investors to pause on new investments into the sector as they shore up capital reserves until there is more stability in the overall market.
- With respect to projects that have already been funded, or are already under construction, we anticipate these projects will continue with a higher focus on remaining on budget and potentially slightly over time due to a reduced workforce in many places.
Read full article: benzinga.com