India: Funding rounds are revenue after all

India: Funding rounds are revenue after all

  The tag line for this site is “True Fact: Funding rounds are not revenue”, except in India, where a new tax code law has deemed that funding rounds that take place “at above fair value” are indeed income. The new rule applies to startups that have undergone a down round. If the preceding round was not from a VC firm registered with the Indian securities regulator (in other words it was from an angel…

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Glassdoor CEO redefines down-round as “modest up round”.

Glassdoor CEO redefines down-round as “modest up round”.

In a $40 million dollar funding round at a lower share price (a.k.a “a down round”) Glassdoor CEO went on record to say “We view this as a slight up round” (I guess you can add diluting shares to inflate market cap to the alchemical bag of tricks in this wonderful New Economy). Still, with shares down 6.3% in this round, they are still clobbering their publicly traded Unicorn peers such as LinkedIn and Yelp….

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