Torch Capital's founder has some advice for startup founders: Down rounds aren't such a bad thing right now. Here's why.
, another alternative approach some founders are taking, can come with its own catches should startups miss the financial targets laid out in their covenants.
Given the deadened market for initial public offerings and the heightened scrutiny around tech mergers and acquisitions, some late-stage startups have already begun to heed that advice.collapse of Silicon Valley Bank "You can roll up your sleeves and really help them, which has been critical in this environment," Keidan told Insider.
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