It sounds like Munchery’s early investors are screwed

Munchery, an on-demand food delivery startup that has already raised more than $120 million, is reportedly looking to raise an additional $15 million in funding that would force a recapitalization of the company, Bloomberg reports. Munchery reportedly has raised more than $5 million in this new financing. As part of the recapitalization, Munchery issued shares to new investors in the form of… Read More...