4 ms·
If he doesn't want to participate in future rounds, you could try to raise a new round to cash him out, or you could take a down round and dilute him.
by klochner 16y ago
If he doesn't want to participate in future rounds, you could try to raise a new round to cash him out, or you could take a down round and dilute him.
- tptacek 16y agoHow hard will it be to take another round with the original VC refusing to participate? Supposedly, it's pretty hard.
- throwaway5317 16y agoYes, I believe it will be very hard for us to raise another round. The VC's story is that they changed their strategy since investing in us. True or not, it is a high liability since it is easy for prospective financers to read something else into the fact.
- deleted 16y ago[deleted]