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Glossary Venture Capital / Term

Tranche

Funds flowing from investors to a company that represent a partial round or an "early close." Subsequent funds of the single round are generally under the same terms and conditions as the first tranche (or early close), however, those funding the early tranches may recive bonus warrant coverage, in consideration of the additional risk. (a French word meaning a slice or cutting)

Permanent link Tranche - Creation date 2020-02-03


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