Created by: kirb
Number of Blossarys: 2
A publicly traded company with similar characteristics to a private company that is being valued. For example, a telecommunications equipment manufacturer whose market value is 2 times revenues can ...
A type of security representing ownership rights in a company. Usually, company founders, management and employees own common stock while investors own preferred stock. In the event of a liquidation ...
An obligation, typically the maximum amount that a limited partner agrees to invest in a fund.
Security given by a borrower to a lender in connection with a loan to insure that the lender is repaid. Lenders frequently accept collateral in tangible assets such as inventory, accounts receivable, ...
A letter provided by a company's independent accountants confirming financial information in the offering memorandum and detailing the procedures followed by the accountants at the request of the ...
Aither a) the right of a limited partner to invest with a general partner in portfolio companies, or b) the act of investing by two or more entities in the same target company also known as a Club ...
The conclusion of a financing round whereby all necessary legal documents are signed and capital has been transferred.