How to read an investment termsheet: Part 3 - the Pro Rata and the Ratchet

David has written a third entry about demystifying the investment termsheet by explaining the jargon to watch out for, and giving you practical examples and resources to understand what each term might mean for your business.

You can read the full article on the Startup Grind website here.

You can also read parts 1 and 2 of the series by clicking on the following links below.

How to read an investment termsheet: Part 1 - The valuation

How to read an investment termsheet: Part 2 – The liquidation preference and waterfall