A Washout Round is a financing round in which previous investors, the founders and management suffer significant dilution. Usually as a result of a Washout Round, a new investor gains a majority of the equity and control of the company.
Latest posts by FreelancingGig (see all)
- Freelancers, Crypto Payments, and Taxes: An Ultimate Guide - March 17, 2023
- Freelance Environmental Consultant for Corporations: 4 FAQs About the Role Answered - February 11, 2023
- The Benefits of Taking Your Business Online With Print on Demand - January 20, 2023