{"id":97668,"date":"2020-04-15T11:25:09","date_gmt":"2020-04-15T00:25:09","guid":{"rendered":"http:\/\/smartoffice.com.au\/?p=97668"},"modified":"2020-04-15T11:25:09","modified_gmt":"2020-04-15T00:25:09","slug":"deals-drop-start-ups-threat","status":"publish","type":"post","link":"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/","title":{"rendered":"Deals Drop: Start-Ups Under Threat"},"content":{"rendered":"<p>SYDNEY: The Australian start-up sector has been dealt a blow by the coronavirus, with latest figures showing the number of venture capital deals has slumped more than 75pc on last year. Figures from Right Click Capital\u2019s Internet DealBook reveal there was also a substantial drop-off between February and March, with 26 VC deals closed in February 2020, but only 12 in March, a month historically busier for deals.<\/p>\n<p><span style=\"font-style: inherit; font-weight: inherit;\">Right Click Capital co-founder Ben Chong said the numbers revealed the underlying fears of many in the investor community about spending during the crisis. In March 2019, there were 49 VC deals completed, compared with just 12 this year.<\/span><\/p>\n<p><a href=\"http:\/\/smartoffice.com.au\/wp-content\/uploads\/2020\/04\/3f5f7f8d785dd06c3310a8cde7a59d26.jpg\" rel=\"attachment wp-att-97671\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-97671 size-full\" src=\"http:\/\/smartoffice.com.au\/wp-content\/uploads\/2020\/04\/3f5f7f8d785dd06c3310a8cde7a59d26.jpg\" alt=\"\" width=\"800\" height=\"501\" srcset=\"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-content\/uploads\/2020\/04\/3f5f7f8d785dd06c3310a8cde7a59d26.jpg 800w, https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-content\/uploads\/2020\/04\/3f5f7f8d785dd06c3310a8cde7a59d26-300x188.jpg 300w, https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-content\/uploads\/2020\/04\/3f5f7f8d785dd06c3310a8cde7a59d26-768x481.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/a><\/p>\n<p><span style=\"font-style: inherit; font-weight: inherit;\">Across the first quarter of calendar 2020, Internet DealBook recorded 50 Australian venture capital deals closed, compared with 90 in 2019.<\/span><\/p>\n<p><span style=\"font-style: inherit; font-weight: inherit;\">Despite this, the total deal value grew from $411 million in 2019 to $478 million, according to the Internet DealBook figures, with the average deal size leaping from $6.7 million to $11.7 million.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SYDNEY: The Australian start-up sector has been dealt a blow by the coronavirus, with latest figures showing the number of venture capital deals has slumped more than 75pc on last year. Figures from Right Click Capital\u2019s Internet DealBook reveal there was also a substantial drop-off between February and March, with 26 VC deals closed in &#8230; <a title=\"Deals Drop: Start-Ups Under Threat\" class=\"read-more\" href=\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/\" aria-label=\"Read more about Deals Drop: Start-Ups Under Threat\">Read more<\/a><\/p>\n","protected":false},"author":47,"featured_media":97669,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[153,69,179,20,25,26],"tags":[178,180,181],"class_list":["post-97668","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-content-and-downloads-archive","category-news-archive","category-retail","category-sales-marketing","category-services","category-technology","tag-deals-drop","tag-startups-under-pressure","tag-starups-under-threat"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Deals Drop: Start-Ups Under Threat - Smart Office<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Deals Drop: Start-Ups Under Threat - Smart Office\" \/>\n<meta property=\"og:description\" content=\"SYDNEY: The Australian start-up sector has been dealt a blow by the coronavirus, with latest figures showing the number of venture capital deals has slumped more than 75pc on last year. Figures from Right Click Capital\u2019s Internet DealBook reveal there was also a substantial drop-off between February and March, with 26 VC deals closed in ... Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/\" \/>\n<meta property=\"og:site_name\" content=\"Smart Office\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-15T00:25:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-content\/uploads\/2020\/04\/startup-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"459\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Computer Daily News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Computer Daily News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/\"},\"author\":{\"name\":\"Computer Daily News\",\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/#\/schema\/person\/2dfda9ce41a6377ee24a7e4ffdb4c8a9\"},\"headline\":\"Deals Drop: Start-Ups Under Threat\",\"datePublished\":\"2020-04-15T00:25:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/\"},\"wordCount\":152,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/#organization\"},\"image\":{\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-content\/uploads\/2020\/04\/startup-1.jpg\",\"keywords\":[\"Deals drop\",\"Startups under pressure\",\"Starups under threat\"],\"articleSection\":[\"Content and Downloads\",\"News\",\"Retail\",\"Sales &amp; Marketing\",\"Services\",\"Technology\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/\",\"url\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/\",\"name\":\"Deals Drop: Start-Ups Under Threat - Smart Office\",\"isPartOf\":{\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-content\/uploads\/2020\/04\/startup-1.jpg\",\"datePublished\":\"2020-04-15T00:25:09+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/#primaryimage\",\"url\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-content\/uploads\/2020\/04\/startup-1.jpg\",\"contentUrl\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-content\/uploads\/2020\/04\/startup-1.jpg\",\"width\":800,\"height\":459},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Deals Drop: Start-Ups Under Threat\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/#website\",\"url\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/\",\"name\":\"Smart Office\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/#organization\",\"name\":\"Smart Office\",\"url\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-content\/uploads\/2025\/07\/Smart-Office-Logo-Final-Yellow-1_page-0001.jpg\",\"contentUrl\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-content\/uploads\/2025\/07\/Smart-Office-Logo-Final-Yellow-1_page-0001.jpg\",\"width\":1359,\"height\":477,\"caption\":\"Smart Office\"},\"image\":{\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/#\/schema\/person\/2dfda9ce41a6377ee24a7e4ffdb4c8a9\",\"name\":\"Computer Daily News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\",\"caption\":\"Computer Daily News\"},\"url\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/author\/computer-daily-news\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Deals Drop: Start-Ups Under Threat - Smart Office","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/","og_locale":"en_US","og_type":"article","og_title":"Deals Drop: Start-Ups Under Threat - Smart Office","og_description":"SYDNEY: The Australian start-up sector has been dealt a blow by the coronavirus, with latest figures showing the number of venture capital deals has slumped more than 75pc on last year. Figures from Right Click Capital\u2019s Internet DealBook reveal there was also a substantial drop-off between February and March, with 26 VC deals closed in ... Read more","og_url":"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/","og_site_name":"Smart Office","article_published_time":"2020-04-15T00:25:09+00:00","og_image":[{"width":800,"height":459,"url":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-content\/uploads\/2020\/04\/startup-1.jpg","type":"image\/jpeg"}],"author":"Computer Daily News","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Computer Daily News","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/#article","isPartOf":{"@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/"},"author":{"name":"Computer Daily News","@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/#\/schema\/person\/2dfda9ce41a6377ee24a7e4ffdb4c8a9"},"headline":"Deals Drop: Start-Ups Under Threat","datePublished":"2020-04-15T00:25:09+00:00","mainEntityOfPage":{"@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/"},"wordCount":152,"commentCount":0,"publisher":{"@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/#organization"},"image":{"@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/#primaryimage"},"thumbnailUrl":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-content\/uploads\/2020\/04\/startup-1.jpg","keywords":["Deals drop","Startups under pressure","Starups under threat"],"articleSection":["Content and Downloads","News","Retail","Sales &amp; Marketing","Services","Technology"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/","url":"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/","name":"Deals Drop: Start-Ups Under Threat - Smart Office","isPartOf":{"@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/#website"},"primaryImageOfPage":{"@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/#primaryimage"},"image":{"@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/#primaryimage"},"thumbnailUrl":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-content\/uploads\/2020\/04\/startup-1.jpg","datePublished":"2020-04-15T00:25:09+00:00","breadcrumb":{"@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/#primaryimage","url":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-content\/uploads\/2020\/04\/startup-1.jpg","contentUrl":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-content\/uploads\/2020\/04\/startup-1.jpg","width":800,"height":459},{"@type":"BreadcrumbList","@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/2020\/04\/15\/deals-drop-start-ups-threat\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/staging.strixdevelopment.net\/smartoffice\/"},{"@type":"ListItem","position":2,"name":"Deals Drop: Start-Ups Under Threat"}]},{"@type":"WebSite","@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/#website","url":"https:\/\/staging.strixdevelopment.net\/smartoffice\/","name":"Smart Office","description":"","publisher":{"@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/staging.strixdevelopment.net\/smartoffice\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/#organization","name":"Smart Office","url":"https:\/\/staging.strixdevelopment.net\/smartoffice\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/#\/schema\/logo\/image\/","url":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-content\/uploads\/2025\/07\/Smart-Office-Logo-Final-Yellow-1_page-0001.jpg","contentUrl":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-content\/uploads\/2025\/07\/Smart-Office-Logo-Final-Yellow-1_page-0001.jpg","width":1359,"height":477,"caption":"Smart Office"},"image":{"@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/#\/schema\/person\/2dfda9ce41a6377ee24a7e4ffdb4c8a9","name":"Computer Daily News","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","caption":"Computer Daily News"},"url":"https:\/\/staging.strixdevelopment.net\/smartoffice\/author\/computer-daily-news\/"}]}},"_links":{"self":[{"href":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-json\/wp\/v2\/posts\/97668","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-json\/wp\/v2\/users\/47"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-json\/wp\/v2\/comments?post=97668"}],"version-history":[{"count":0,"href":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-json\/wp\/v2\/posts\/97668\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-json\/wp\/v2\/media\/97669"}],"wp:attachment":[{"href":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-json\/wp\/v2\/media?parent=97668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-json\/wp\/v2\/categories?post=97668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-json\/wp\/v2\/tags?post=97668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}