Closing
In venture capital or M&A, closing refers to the finalization of a transaction when all conditions are satisfied, legal documents are executed, and funds are transferred — the deal is legally complete.
From emerging regulation to deal mechanics, we write about the questions founders and investors actually ask — practical analysis you can put to work.
In venture capital or M&A, closing refers to the finalization of a transaction when all conditions are satisfied, legal documents are executed, and funds are transferred — the deal is legally complete.
A clawback is a contractual provision requiring a party to return previously-received payments under defined conditions — most commonly in venture-capital and private-equity contexts, the General Partner’s obligation to return excess carried interest to Limited Partners if cumulative fund perform…
A black swan event is a rare, unpredictable, high-impact occurrence that defies conventional expectations and, in retrospect, seems obvious, coined by Nassim Taleb. Examples include the 2008 financial crisis and the COVID-19 pandemic.
A bear hug is an acquisition strategy where the acquirer makes a generous, unsolicited offer to buy a target company at a significant premium, putting the target’s board in a difficult position to reject without upsetting shareholders.
An acqui-hire is a type of acquisition where the primary motivation is to acquire the target company’s talent (team) rather than its products, technology, or customers, often used by large tech companies to quickly hire skilled teams.
A white knight is a friendly acquirer who rescues a target company from an unwanted hostile takeover by offering a more attractive acquisition on terms acceptable to the target’s management and board.
A grey area in business or law refers to a situation that is not clearly defined or regulated, where the legality, ethics, or proper course of action is uncertain or subject to interpretation.
“Under the radar” refers to a company or strategy that operates quietly and without public attention, building its product, market position, or fundraising without disclosing plans to competitors or the press.
An underwriter is a financial institution (typically an investment bank) that assumes the risk of issuing securities on behalf of a company, evaluating the offering, setting the price, and guaranteeing the sale to investors.
A tranche is a portion or slice of a larger financial transaction — such as a loan, bond issuance, or investment round — with specific characteristics like risk, maturity, or conditions distinct from other tranches.