Both Sides of the Table

SEPTEMBER 5, 2012

Because convertible debt deals often have both a ‘full ratchet’ and often have ‘multiple liquidation preferences’ “ Yup. The key for entrepreneurs to understand is whether it’s a “full ratchet” or a “weighted average ratchet.” Convertible notes have full ratchets.

Ratchet 354

Ratchet Liquidation Preference Equity Stock 354

VC Cafe

OCTOBER 31, 2022

That means that investors are contractually demanding to get 2-5x their investment, before other share classes get paid. Liquidation preferences – in addition to lower valuations, investors are looking for protective provisions. That means that in these down rounds, some investors are asking to 2-5x liquidation preferences.

Founder 173

Founder Technical Review Down Round Liquidation Preference 173

Up and Running

JUNE 2, 2015

So, our customers have become more demanding, we’re operating in markets that have new government regulations, we have so much data being thrown at people, we can’t even decipher all of it. When team members experience heartfelt emotion, their creative ability ratchets up a notch.

Ratchet 60

Ratchet Demand Management Software Review 60

Up and Running

DECEMBER 1, 2014

If you can offer employees the opportunity to switch up their work hours to meet their social demands, you’ll ease their psychological burden—which can be heavy at the holidays. Try not to demand overtime work unless absolutely necessary. Sometimes client work demands overtime; that’s to be expected and honored.

Employee 134

Employee Product Ratchet Demand 134

Tim Keane

JANUARY 12, 2010

  A full ratchet anti-dilution clause is very unfriendly to entrepreneurs; it requires them to make up the entire difference in price from their own holdings.   A full ratchet anti-dilution clause is very unfriendly to entrepreneurs; it requires them to make up the entire difference in price from their own holdings.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

YoungUpstarts

AUGUST 31, 2017

If your startup is eyeing international expansion early on, your tax compliance and planning needs, both home and abroad, immediately ratchet up. Anjum Tunuli is the chief tax officer at Early Growth Financial Services , a firm that addresses the lack of on-demand financial support available to startups.

Ratchet 113

Ratchet Merger New York Engineer 113

Startup Lessons Learned

SEPTEMBER 12, 2013

After starting two companies of his own, he now heads the NYCDOE’s Markets initiative, which works on fostering smart demand for innovative solutions to the most urgent problems in New York’s public schools. Steven came to the NYCDOE via NASA, where he built the U.S. government’s first public website. million kids, and 135,000 employees.

Lean 162

Lean Startup Ratchet New York City 162