Like I'm 5™

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What is Down Round?

Raising at a lower than the previous round.

Step 1 of 9

Simple Definition

A down round is a financing where the is lower than the prior round’s , often triggering protections.

Explanation level

Tap a persona to hear the same idea in a totally different voice.

Try “Like I'm 5™” for a picture-book version - not the grown-up wording above.

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Down Round
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