downround
C2CEFR level
78/100Rarity: rare
TechnicalRegister
A funding round in which shares are issued at a lower price than in the previous round.
The downround wiped out much of the early employees' paper wealth.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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