Don't miss
  • 2,196
  • 6468
  • 6097
  • 20
  • 50 Questions: What is anti-dilution/downround protection?

    In my post Key terms in a termsheet Part 2 I covered the basics of anti-dilution. In that post I wrote that there are three flavours of anti-dilution; full ratchet, narrow-based weighted average and broad-based weighted...

    • Posted 4 years ago
    • 0