Milestone Gated Financing
topic on 1 show · 1 statements across 1 episodes
1 statements about Milestone Gated Financing, every show
Von Munch: Milestone-gated financing requires clear terminal value but unpriced intermediate steps
“I think the, there are two things that kind of have to be true for a structure like this to make sense. I think one of them is that you have to have Very high conviction in how the market will value this big end thing. Or not end thing, but like this big inter…”