Startup valuations drop as exits are delayed and the stock market reprices tech

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.
The public markets are in turmoil as the economic impact of COVID-19 comes into focus; however, it is less clear what the impact of the changing value of public companies today will have on the valuations of private firms.
Startup valuations are impacted by a host of factors, one of which is the value of their public comparables (comps); if public comps lose value, private start