Zombie start-ups: On the same side
Zombie companies present a special challenge for VC investors, whose exit goals may not match the aims of the founders. Successful GPs will try to ensure a positive experience for all parties
As 2016 began, Grofers’ stars seemed to have aligned. The Indian hyperlocal delivery start-up had just raised a $120 million Series C round led by SoftBank, with participation by existing backers Sequoia...
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