Fiona Brophy was quoted in “Facing Crisis, Venture Capitalists Follow a New Script,” an article in Pitchbook, regarding venture capitalists and how funding is going to be affected because of the COVID-19 pandemic.  

After years of doing all-cash funding rounds, investors and entrepreneurs can expect to see more contingencies built into deals, such as earnouts that are pegged to financial milestones, said Fiona Brophy. They're also seeking anti-dilution preferences as a hedge against future down rounds.