Cram down round / 라운드 다운

a financing event upon which new investors with substantial capital are able to demand and receive contractual terms that effectively cause the issuance of sufficient new shares by the startup company to significantly reduce (“dilute”) the ownership percentage of previous investors.

상당한 자본을 가진 신규 투자자가 신생 회사가 충분한 신규 주식을 발행하여 실질적으로 주식을 크게 줄 이도록하는 계약 조건을 요구하고받을 수있는 자금 조달 이벤트

 

这是一次融资事件，具有大量资本的新投资者能够要求并接受合同条款，有效地导致初创公司发行足够的新股，从而显着减少（“稀释”）先前投资者的所有权比例。