Down Round

Russ Wilcox, founder of E Ink, recently joined TechCrunch’s Found podcast to talk about how he raised multiple down rounds before a successful exit.

Many VCs have said startups should always choose a down round over a structured round, but it isn’t that cut and dry.

Media outfits reported earlier this week that the crypto lending platform BlockFi is looking to raise roughly $100 million in fresh funding in a round that would value the company…