What problem does a ratchet (antidilution provision) try to address? Why would a full ratchet be less

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What problem does a ratchet (antidilution provision) try to address?

Why would a full ratchet be less appealing to the entrepreneur than is a weighted average ratchet?

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Entrepreneurial Finance Venture Capital Deal Structure And Valuation

ISBN: 9781503603219

2nd Edition

Authors: Janet Kiholm Smith, Richard L. Smith

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Question Posted: Apr 26, 2024 06:02 AM

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What problem does a ratchet (antidilution provision) try to address? Why would a full ratchet be less

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A ratchet an antidilution provision is meant to help stockholders who already participate in the com...View the full answer

Entrepreneurial Finance Venture Capital Deal Structure And Valuation

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