Dew...congrats on 30,000 posts (now go get some sleep)
P.S. - for the record, I never stated, nor believed, that companies can get materially better terms in a partnership deal by raising money during the negotiations as stated in your post. Rather, my point was that a company can end up with significantly worse terms, versus normal market conditions, if they're forced to negotiate during a period in which they have no choice but to get to a quick conclusion.
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