Amoruso: Angel portfolio founders face bridge round pullouts and down rounds
Sophia Amoruso · How Spirit Halloween Makes $600M in 2 Months, The Journey of a CEO & Is a Recession Coming? · Oct 18, 2022 · at 2:16
Sophia Amoruso, founder and investor, discusses the fundraising environment for early-stage founders during late 2022 macroeconomic tightening.
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“I have a lot of founders, you know, in my angel investment portfolio who are coming to me, whose investors are pulling out of bridge rounds, who are raising the You know, flat rounds or raising down rounds just to get money in the door, and they're asking for a lot of introductions.”
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