3 views on why startup math may soon get a lot more creative

Given this year’s changing venture capital climate, it’s not a stretch to imagine that we’re going to see a lot more of the following: down rounds disguised as extension rounds, recapitalization events conflated with secondary activity and vaguely defined references to growth, burn and other key startup metrics.
As the downturn threatens the ability of companies to meet growth targets, simultaneously emphasizing the need for them to get there faster while not losing too much money, we expect to see more creative math from founders.
We are somewhat accustomed to founders bigging up their wins a

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