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A comment on Startups Once Showered with Cash Now Have to Work for It. Parent comment

Re:Startups Once Showered with Cash Now Have to Work for It by JBReefer on Saturday May 21, 2016 @01:41PM (#11745463)
Also called a "down round"
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Re:Startups Once Showered with Cash Now Have to Work for It by bsbechtel on Saturday May 21, 2016 @02:07PM (#11745544)
Which means the most recent investor's investment is underwater, but not necessarily the company as a whole.
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Re:Startups Once Showered with Cash Now Have to Work for It by endymi0n on Saturday May 21, 2016 @02:28PM (#11745628)
That and usually all employees' stock options when talking liquidation preferences, with some of them knowing and some not. At that point prepare for talent bleed until either some very good plans and news or a long, slow death.
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