The bridge round is done as a result of an insufficient runway, under unfavorable conditions, in either the progress of the company or some macro environment events, like the hard times of 2023, where VC funding isn’t as readily available as it was during 2020 or 2021.
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EGD News #187 — Bridge Rounds: Startup…
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The bridge round is done as a result of an insufficient runway, under unfavorable conditions, in either the progress of the company or some macro environment events, like the hard times of 2023, where VC funding isn’t as readily available as it was during 2020 or 2021.