Hi!
“Musings on a down round” plus more on “What’s in a name? STILL don’t let it be Bolt!”
...I was thinking about what happens to your company when you go through a down round, and particularly one as devastating as this one. Some consequences that you have to be ready to manage before you decide to transact at such a discount are:
Angry investors
Defecting Board Members
Devastated employees
Concerned Clients...
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