3 ms·

I've heard of downrounds, but I've never heard of a startup returning a round to their investors. Are there other examples of this happening?

• ojbyrne 18y ago
  Odeo/Obvious Corp/Evan Williams did. That seemed to have turned out well.
• dhouston 18y ago
  almost certainly wasn't voluntary... note the part about DAG claiming the financing should be renegotiated after the business model and projections "changed" suddenly after the financing closed.