Down Round Valuation: How to Survive and Protect Your Equity (2025)
Equidam
JUNE 30, 2025
From 2008 until 2022, most central banks lowered interest rates to 1% or below, creating what economists call the Zero Interest Rate Policy (ZIRP). When the Federal Reserve began raising rates in March 2022, the music stopped abruptly. The 2008 financial crisis saw 36% down rounds.
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