https://techcrunch.com/2020/05/05/what-the-new-vc-show-and-tell-means-for-signaling-risk/

A month ago, we asked several venture capitalists if they planned to change the way they invest or lead rounds during COVID-19 — most said no, but they noted that valuations were coming down and founders in their portfolio companies were responding to the crisis.

Northzone’s Paul Murphy predicted fewer FOMO rounds because investors will “take more time to get to know and diligence the business… and it might also take a bit more time to close deals,” adding that he would “continue to lead rounds and back great founders.” But, as other investors call their bluffs, firms are looking for tangible ways to show they are open for business.