For common shareholders (employees, advisers and previous investors), a cram-down round is a big middle finger, as it comes with reverse split.
Harnessing the extraordinary potential of the U.S. private sector and bringing its vastly superior resources to bear more effectively is the key to prevailing in this strategic competition.
If your business model still looks like your original assumptions a month ago, you’ve been living under a rock. Every part of your business model — not just product and customer — will change no