ratchet

1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Jan 2, 2019 by Scott Kupor · across every show →

Everything said about ratchet, oldest first

Jan 2, 2019 neutral
Assertion Partly supported
A 2015 Fenwick report found only 30% of late-stage deals included ratchets
“By the way, I think Fenwick and West came out with a report yesterday that it's only about 30% of the deals actually that have this ratchet in it.”
Scott Kupor Jan 2, 2019 ▶ 24:30 a16z Podcast | On Recent IPOs and Comparing Private vs. Public Valuations
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