What is the aftermath of having a startup’s valuation cut?
E.g. https://startupstorymedia.com/insights-swiggy-valuation-cut-by-25-to-8-billion-by-invesco/
Nothing much bro. You’ll have to liquidate more equity to raise the same amount. Apart from that? Your existing investors are unlikely to reinvest because the valuation they entered at vs current valuation is a net loss.