Category: Venture Capital

Down-Round

Venture capital term for a share offering at a lower …

Drag-Along

Provision in a shareholders’ agreement which enables a percentage of …

Drive-By VC

Slang term for a venture capitalist, who contributes some funds …

DtD, D-to-D

Acronym for Diluted-to-Death. See Anti-Dilution Clause, Dilution, Down Round.

Due Diligence

Originally referred to the level of investigation that professional advisors …

Earn-Out

Term used to describe payment after the sale of a …

Edifice Complex

Term coined by the lawyer and historian Professor Cyril Northcote …

Equity Carve Out

A type of corporate restructuring designed to support the sale …

Equity Kicker

An option to purchase shares (equity) in a business offered …