May 2020

The devastating health, social and economic impacts of the COVID-19 pandemic continue to dominate our lives. Even a casual observer of the stock markets has witnessed the extreme volatility and generally lower public company valuations since February’s peak. While share prices for private companies are not subject to daily judgment by investors, private company values will generally follow the recent public company trend: lower. COVID-19 has impacted businesses and industries in different ways, much as the virus infects people in different...