The Full Ratchet
also referred to as: full ratchet
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Sep 9, 2015 by Eric Ver Ploeg · said 1 times in 1 episodes since 2016 · across every show →
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Sep 9, 2015 negative
Ver Ploeg: Founders should lower valuations rather than accept full ratchets
“And if you're, you know, you need to agree to a full ratchet to get the valuation that you were looking for then I think either A, you should relax your valuation expectations and, you know get better anti-dilution terms, or not raise that round.”