In 2021 it may have seemed any startups could raise $100 million at the snap of its fingers — but the last year-plus is forcing some to find more creative ways to raise rounds and even contemplate the once taboo “down round.”
Last year ended with a slew of unicorns announcing deals that sliced into their valuations and the start of this year brought similar headlines, with reports that highly valued startups such as payments provider Stripe and online prescription delivery company Capsule are looking to raise down rounds due to market conditions. READ MORE