[spookthesunset]

This is something a lot of the "all dilution is bad" commenters don't seem to understand. Dilution isn't automatically bad. What matters is the total dollar value of your stake in the company. Did it go up or down? What percentage of the pie you hold isn't really relevant.

[hkmurakami]

The main takeaway imo is that door dash did not have the metrics to command a favorable valuation. The funding terms inform us of the immediate prospects of the company.