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.