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.
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.
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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.
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.
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.
Up and Running
NOVEMBER 4, 2014
The key is to have realistic expectations while still demanding a high quality of output. The problem is that the employee is likely to be distracted by all his or her demands when working from a residence. Unless a worker is normally allowed work-from-home options, be careful about granting this privilege during the holidays.
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.
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