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what is meloxicam 7.5mg Still, Horowitz likens the experience to being “the captain of the Titanic”, and he notes that it only starts looking attractive when you realize that the alternative is “suicide”: “Down rounds are bad and hit founders disproportionately hard,” he writes, “but they are not as bad as bankruptcy.” And he notes, in a clear-eyed fashion, that it would take a “miracle” for a founder to survive the process. (Startup founders are short-lived at the best of times; it’s rare they can survive a down round.)