Even though the true, blended valuation for these startups is lower than $1 billion, they are expected to raise their next round at a valuation that is higher than the headline price; otherwise it will be a punitive down round, Shuman said.
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Nonetheless, Zelensky has also looked for positives. Iran has sold Russia tens of thousands of Shahed drones that almost nightly wreak deadly havoc on Ukraine. That may stop. "I think attacking Iranian military targets was a good decision," he said. "The Iranians produce a lot of weapons for Russia, especially drones and missiles, although I don't think they'll be able to do that anymore."
How escalating Iran conflict is driving up oil and gas prices – a visual guide