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Are VCs cutting checks in the closing days of the 2020 election?

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Before the 2016 election, Vice Ventures founder and general partner Catharine Dockery was bullish about the future of recreational cannabis in the United States.

“We saw quite a bit more optimism around national legalization, with the feeling that a wave of states legalizing recreational use would be the final push needed” to see drug reform, she said. It was good news for Dockery, who was planning to launch a firm investing in categories like cannabis, CBD, psychedelics and sextech.

She announced a $25 million fund in June 2019, but the national policy landscape had shifted considerably.

“The vitriol and division around the election really haven’t left room for substantive discussions. I think this will eventually change, but don’t have high hopes for much policy debate until the election is complete, if at all,” she said. “In a time of uncertainty, we’re taking a small step back.”

Along with many VC firms, Vice Ventures has raised the bar regarding which startups it will fund, but several investors told TechCrunch they were split about how they’re making decisions in the closing days of the presidential campaign. After a booming summer, some said momentum is increasing, while others told us that expectations have never been higher for startups.

“If anything, the pace is increasing,” said Alexa Von Tobel of Inspired Capital. Traditionally, she said founders scale back on fundraising efforts close to the winter holidays because investors’ vacation mentality is kicking in. This year, “I think we’ll continue to see founders taking advantage of the ample flow of capital right now and shore up resources so they can enter 2021 on strong footing,” she said.

While that may be good news for founders, Von Tobel said Inspired Capital is not giving too much weight to the election internally.

“We think of ourselves as patient capital, focused on looking for the best companies no matter the timing,” she said. “While we know the election will create noise and have an impact on businesses long-term, it does not have a place in our process right now.”

Inspired Capital invests more broadly in the early-stage environment, which plays a part in its ability to invest through crises and turbulence. It seems that firms that have more niche investment theses have been more likely to change their pace ahead of the election.

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Charge Your Phone Wirelessly With 50% off a Multifunctional LED Lamp

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Best Tech DealsBest Tech DealsThe best tech deals from around the web, updated daily.

White Wireless Charge Lamp | $18 | Amazon | Clip coupon + code ABC88699
Black Wireless Charger Lamp | $20 | Amazon | Promo code ABC88699

When you’re ready to turn in for the night, you don’t want to forget to charge your phone— especially if your mobile device doubles as your alarm clock.

With this wireless charger lamp, you can make this crucial step of your nightly routine even easier by just setting your phone on the wireless charging pad and… well, that’s all there is to it!

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Other functions include multiple lighting modes as well as a sleep timer option for auto shut-off of the light after 30 or 60 minutes.

This lamp can be yours in white for $18 if you clip the coupon on Amazon (it’s below the original $40 price) and add promo code ABC88699 at checkout.

You can snag the black version for $20 using the same code—no coupon though, sorry.

Don’t sleep on this deal! Who knows how long stock or the coupon code will last?

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Keep That Hotdish Hot With 65% Off a Luncia Casserole Carrier, Only $11 With Promo Code

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Best Home DealsBest Home DealsThe best home, kitchen, smart home, and automotive deals from around the web, updated daily.

Luncia Double-Decker Dish Carrier | $11 | Amazon | Promo code SDDU9S7F

It has been a long time since the days we could safely have a potluck or other gatherings, but we have a fantastic deal perfect for once those times return. These double-decker Luncia dish carriers can be had for 65% off when you add promo code SDDU9S7F at checkout and clip the coupon on the site (it’s just below the price). These holders fit 9″x 13″ sized baking dishes.

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That means you can insulate and keep two dishes of food warm for only $11 instead of $30. What’s more, your Luncia carrier will arrive by Christmas if you order today as a Prime member.

Just add promo code SDDU9S7F and clip the 5% off coupon to bring the price down to $11 for the blue or the grey option.

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Grab this offer while it’s still around!


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Conquer Your Pup’s Dander and Fur With $700 Off a Cobalt or Charcoal Bobsweep PetHair Plus Robot Vacuum

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Best Home DealsBest Home DealsThe best home, kitchen, smart home, and automotive deals from around the web, updated daily.

Bobsweep PetHair Plus Robot Vacuum & Mop (Cobalt) | $200 | Best Buy

Bobsweep PetHair Plus Robot Vacuum & Mop (Charcoal) | $200 | Best Buy

Allergies can be bad enough as the seasons change. Don’t let pet hair and dander add to that by vacuuming it up early and often. That chore is easier said than done— unless you have a robot vacuum to do the work for you. This lovely bright cobalt Bobsweep PetHair Plus robot vacuum and mop, only $200 today at Best Buy seems like an ideal option. That’s a whopping $700 off, by the way.

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You can get the same deal for the charcoal version of the robot vac, too. This model is not only specially made for picking up pet hair, it self docks and charges when it’s finished with the work.

It also comes with a mop attachment, so it can take care of those kitchen floors for you as well. Grab it while it’s still available for this fantastic price!

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