Venture Deals · glossary
Money that funds invest in young companies in return for new shares. Most of those companies fail, so a fund needs one or two to pay for the whole fund, and it is paid only on an exit. Chapter 1
Explained in Chapter 1, What Venture Money Buys, of Venture Deals.
Venture capital is money that funds invest in young companies in return for new shares, and the company spends that money on growth. The fund is paid only when the company is sold one day, and that sale is the exit. This workbook follows one company from its two founders to its sale, through the documents of each funding round. You read them as a junior lawyer on the deal.Read Chapter 1, What Venture Money Buys →
Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.Chapter 1 of Venture Deals and this glossary are free to read; the rest of the edition is in the Library, at €12 a month or €79 for a Year Pass.
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This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open Venture Deals → · All terms A–Z →