The Problem With Ratchet Terms
Originally posted on Early Investing
After a slew of underperforming IPOs, investors seem more risk-averse than they used to be. And that may mean ratchet terms are on the rise.
Originally posted on Early Investing
After a slew of underperforming IPOs, investors seem more risk-averse than they used to be. And that may mean ratchet terms are on the rise.
There’s no shortage of investor interest in a WeWork IPO. But, the jury’s still out on whether the company can turn a profit.