Created by: kirb
Number of Blossarys: 2
A type of anti-dilution mechanism. A weighted average ratchet adjusts downward the price per share of the preferred stock of investor A due to the issuance of new preferred shares to new investor B ...
Temporary funding that will eventually be replaced by permanent capital from equity investors or debt lenders. In venture capital, a bridge is usually a short term note (6 to 12 months) that converts ...
The actions of a startup to minimize expenses and build cash flow, thereby reducing or eliminating the need for outside investors.
The book value of a company is the value of the common stock (total assets minus liabilities minus preferred stock minus intangible assets). The book value of an asset of a company is typically based ...
The lead bank that manages the transaction process for an equity or debt financing, including documentation, syndication, pricing, allocation and closing.
A person, project or activity that hinders the growth of a company.
The individuals whose collective legal responsibility it is to manage the business and operations of a corporation. As a practical matter, most boards of directors provide oversight authority over ...