The Problem With Ratchet Terms
After a slew of underperforming IPOs, investors seem more risk-averse than they used to be. And that may mean ratchet terms are on the rise.
After a slew of underperforming IPOs, investors seem more risk-averse than they used to be. And that may mean ratchet terms are on the rise.
Getting a business venture up and running is no small…
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