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.
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.