Shares Outstanding

Post-money valuation refers to a company’s implied value after raising capital. The term is typically used in angel investing and venture capital parlance.

A provision that allows for the acceleration of vesting (of shares) or other benefits in the event of specific circumstances, such as a change of control or termination.

A full ratchet anti-dilution provision, often referred to simply as a full ratchet, is a mechanism by which the ownership stake of an investor in a company is protected from being diluted by the issuance of additional shares in later rounds of financing.