Venture Capital Financing in Uncertain Times

Many companies and venture capital (VC) investors are encountering down rounds for the first time in a decade or longer. Given the long heritage of VC financing structures, we can look to previous downturns to identify investment terms and tools that are once again relevant. This insight provides a general summary of some techniques VCs and venture-backed companies can use to recalibrate risk, including the anatomy of a down round. READ MORE