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dimanche 2 mai 2021 à 02h39 - par  Demarcus

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The point is, however, that a down round can crush common shareholders – a group that includes the Company’s founders and employees – due to dilution. That’s particularly likely to be true if the company has raised multiple rounds – let’s say it has issued Series A, Series B, and Series C Preferreds – in which a case a meaningfully down Series D round can be massively dilutive.

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