'We're not cherry-picking': A top venture capital firm is guaranteeing some startups that it will reinvest in their next fundraising round, and this could be a lifeline in the coronavirus era

Credit: Business Insider- Published on May 8, 2020
· First Round, a venture capital firm focused on early-stage companies, is assuring startups it will reinvest in their second round of fundraising when it led the first.
· The so-called "Second Round Guarantee" aims to take some of the pressure off founders trying to raise money in an uncertain climate.
· For some startups,...

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