00:01, 28 февраля 2026ПутешествияЭксклюзив
These companies are in high demand now, but they may face unexpected challenges that will make it very hard for them to justify their high valuations. In a down round, employees and founders end up with a smaller ownership percentage of the company; they can also erode the confidence of partners, customers, future investors, and potential new hires.
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First FT: the day’s biggest stories
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