New data shows that down rounds are dying out
Alex Wilhelm
9 hours
As 2020 comes to a close, some parts of the startup world are completing a loop, ending the year where they began.
Startup valuations, for example, as seen in the Silicon Valley area are effectively back to where they were at the start of the year. According to a report from Fenwick & West examining data through October in the San Francisco Bay area, the percentage of startups that raised up rounds (rounds priced higher than preceding investments) came within spitting distance of its pre-COVID levels.
The Exchange explores startups, …
