Remove pricing-amendment
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One Simple Paragraph Every Entrepreneur Should Add to Their Convertible Notes

Both Sides of the Table

When you do a convertible note with a cap that converts into the next round of funding one of the unintended consequences is that if you’re successful and raise at a larger price than your cap the early angels often get “multiple liquidation preferences” on their dollars in. The early risk is why they get a cheaper price.

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How Caribbean entrepreneurs are tackling climate change with their businesses?

Young Leaders of the Americas Initiative

Nikita says that “as the country grapples with foreign exchange availability and rising food prices, we have a responsibility to use our skill to highlight local agricultural inputs (seeds, fish fertilizers, soil amendments), while giving people the tools and resources to grow more of their food at home.”

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Don’t Try to “Pull an Instagram.” Here’s Why …

Both Sides of the Table

“it’s smart to use an impending investment valuation to drive a higher acquisition valuation” I would like to amend her statement slightly to read, “it’s smart to use an impending investment valuation to drive an higher acquisition.” to justify a “strategic” price. Think about it. .”

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Coupang may raise up to $3.6 billion in its IPO, at a potential valuation of $51 billion

TechCrunch

According to an amended S-1 filing , South Korean e-commerce leader Coupang expects to price its initial public offering between $27 to $30 per share, potentially raising up to $3.6 After the IPO, Coupang will have a total of 1.7 billion shares outstanding, including Class A and Class B.

capital 100
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New capital positions luxury goods reseller Rebag for next round of innovation

TechCrunch

Rebag’s Clair technology suite includes proprietary software that can instantly recognize and price bags from the top 50 luxury brands, through an app or by uploading an image, and an offer from Rebag to buy it. The company amended its funding round size to $33 million from $35 million. The marketplace now has more than 30,000 items.

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Knowledge Is Power: Convertible Note Financing Terms, Part III

Gust

The “Majority Holders” concept also appears elsewhere in the financing documents, most commonly in the section regarding amendments and waivers, for similar reasons. Any prepayment must be made in connection with the prepayment of all Notes issued under the Note Purchase Agreement, as amended. First, a word about the maturity date.

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Kenya cracks down on digital lenders over data privacy issues

TechCrunch

The change adds to a raft of measures taken by Kenyan lawmakers to protect citizens from rogue digital lenders who offer high-priced collateral-free loans. But price control is what concerns us and we are not happy with that – the moment you put an interest rate cap then there won’t be any lending.