The Full Ratchet
topic on 1 show · 1 statements across 1 episodes · said 1 times in 1 episodes since 2016
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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.”