Cram Downs
topic on 1 show · 1 statements across 1 episodes
1 statements about Cram Downs, every show
Sam Lessin: Depleted Fund Reserves Are Fueling Startup Cramdowns and Hostile Recaps
“You are seeing a lot of rights offerings or people doing cram downs.
And look, why?
It's like a bunch of old funds are in.
The thing didn't work.
There's a pivot.
The funds don't have any money to support it.
Someone new comes in and thinks there's value and s…”