Unless the business is rapidly growing, it's already dead. There is a funding downturn, and Series A raises are incredibly competitive - only the highest achiev

Unless the business is rapidly growing, it's already dead. There is a funding downturn, and Series A raises are incredibly competitive - only the highest achieving companies get funded, and still at small valuations by comparison to this time last year. If the founders have been struggling for a long time it's most likely because they don't have the numbers to show, which means VCs will not write them another cheque unless its an insider round. I'd be looking for other options, and quick.