When Fundraising Backfires @KleinerPerkinsVideos
When Fundraising Backfires  @KleinerPerkinsVideos
Uploaded May 2026 | Updated September 2026, 2 weeks ago
The higher you raise, the narrower your path becomes.

Karri Saarinen, co-founder and CEO of Linear, on why inflated valuations force extreme outcomes, and why down rounds become inevitable when expectations aren’t met.

Catch the full episode.
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When Fundraising Backfires

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