Re:Many VCs have stopped investing this year
by smurda on Thursday December 21, 2023 @08:30AM
(#38720163)
Only the companies in an investor’s portfolio that they truly believe in get a bridge - otherwise it’s a bridge to nowhere.
IMO bridge rounds aren’t driven by the investor’s fear of a markdown - they’re driven by the belief that the founder+team can figure it out and get to the next stage. When risking even more cash on a company that isn’t an obvious winner, you really have to believe in the team.
IMO bridge rounds aren’t driven by the investor’s fear of a markdown - they’re driven by the belief that the founder+team can figure it out and get to the next stage. When risking even more cash on a company that isn’t an obvious winner, you really have to believe in the team.