Down rounds carry a stigma, but they're not always the end of a startup’s story.
Charles Hudson of Precursor Ventures shares an example of a company that survived a difficult fundraising process involving a down round and investor-friendly terms. It wasn't easy, but making the
🌶️ "This is the tip of the iceberg. Apple lacks visibility into what’s been happening behind closed doors at OpenAI, where such misconduct is normalized and exemplified by leadership." 🌶️
Apple's filing, accusing OpenAI of directing misconduct from former Apple employees, pulls
