late-stage funding rounds
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Jan 2, 2019 by Elad Gil · across every show →
Everything said about late-stage funding rounds, oldest first
Jan 2, 2019 negative
Gil: Structured late-stage venture deals are debt masquerading as equity
“On the late stages, some companies start building in very complicated structures and because they want that very high valuation, and a firm may be willing to give it, but then they build in extra preference or participation for the investor, or things that eff…”