Cram downs, P-t-P (pay to play / path to profitability) and why to destroy own portfolio companies - excellent article in Forbes about lower valuations and survival struggle I've so much been foaming about.
High-Tonnage Bombs. No - this is not about Iraq. Start-ups that take tonnes of money in and then explode. Nine rounds of financing and hundreds of millions investor money makes a nice wake-up call all around Sand Hill round.
Posted at April 9, 2003 10:51 AM