down round

“The conversation usually with them is a, what I would call like a private one-on-one of, take your sales hat off, For a second, take your hype person hat off. Cause as a founder, you know, you're selling every single day, whether it's to recruits or customers …”

“Now, we have seen fintech companies that have eschewed the whole notion of unit economics. Hey, what does it matter? I've got a net promoter score that's off the scale. I can book customers for five bucks. I have no idea what the attrition rate's going to be, …”

“I think we're at the end of the beginning, though, not the end of the end. The next phase is structured rounds, down rounds, like true down rounds and then sales were, unfortunately, companies sort of not making it, and I think that'll happen in Q one, you kno…”

“We're seeing, I would call it a trickle, but like a noticeable uptick from Q-four in deal flow, and we saw two potential down rounds this week.”

“We are seeing across the board, investors are very hesitant to come in and reprice things, and to do the down round, and deal with the anti-dilution, and navigate the mess.”

“I think being honest as an, as a CEO and speaking to your employees like adults and not children is the way to get past it.”

“Down rounds are not problematic. Much more problematic, again, are valuations that that are essentially in exit territory, or far in excess of exit territory. It's really hard to recover from that.”

“If you're a founder listening to this and you're contemplating an up round with a liquidation preference more than one or a down round, do 100% of the time do the down round.”

“When I see companies sometimes unwilling to raise a round because it's going to be lower than this, like, fictitious number they have in their own head. I see this with, like, IPOs now, where, like, companies are like, oh, well, I can't go public unless I hit …”