#downround

[pavel-nosok]

Barcelona-based Colvin raises €6 million downround with valuation plummeting 50% amid new strategic shift

Colvin, the Barcelona-based startup long-time candidate for unicorn, has raised €6 million in an internal round provided by its current investors and its founders, Sergi Bastardas and Andrés Cester, and in which a dozen more shareholders have participated, led by Eurazeo, the French fund that led the round that the company closed in 2021 and… This content is for members only. Visit the site and…

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[ajayuikey]

Lemonade targets down-round pricing in impending IPO – TechCrunch

Lemonade targets down-round pricing in impending IPO – TechCrunch

The unicorn’s valuation range is not impressive

Earlier today, insurtech unicorn Lemonade filed an S-1/A, providing context into how the former startup may price its IPO and what the company may be worth when it begins to trade.

According to its new filing, Lemonade expects its IPO to price at $23 to $26 per share. As the company intends to sell 11 million shares in its debut, the rental…

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[moneyhealthfinance-blog]

Can unicorn Dropbox avoid a down-round IPO?

Can unicorn Dropbox avoid a down-round IPO?

Dropbox’s likely IPO is set to be one of the largest offerings of the past few years, but the key question is whether the world’s largest cloud-storage company will go public at a valuation above its last primary round. As successful as the company is, it’s quite possible the company’s IPO – which could raise more than $ 300 million – could wind up as a down round. While mutual funds have…

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[feedthefounders-blog]

Which companies aren't living up to the hype?

Looks like a lot of famous startups are having down rounds or down exits. Many others are laying off: Optimizely, Instacart, Mixpanel, Zenefits, Sonos. They all are cutting their burn rate looking for revenue growth and break even quickly.