Risks from falling valuations prompt more startups to extend funding rounds
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3 min read . Updated: 08 Aug 2022, 06:28 PM IST - Amid a broad downturn in venture funding, round extensions help maintain startup valuations
Rather than risk selling shares at lower prices in new fundraising rounds, a growing number of venture capital-backed startups are extending previous rounds—in some cases, extending ones that appeared closed over a year ago.