It’s no shocker that the Coronavirus pandemic has slowed down venture capital investment dramatically, with 2020 now on pace to be well below the high levels of the past couple of years. According to Pitchbook, VC deal flow through June 28 fell to just 4,675 funding rounds as compared with 6,357 in the first
full-ratchet
WeWork, SoftBank and Anti-Dilution Protection
By Alon Y. Kapen on
Posted in anti-dilution, full-ratchet, IPOs, preferred stock, registration statement, S-1, SEC, SoftBank, venture capital, weighted average, WeWork
The corporate spectacle better known as The We Company IPO officially and mercifully came to an end September 30 when The We Company (“We Co.”), the corporate parent of WeWork, requested that the Securities and Exchange Commission consent to the withdrawal of We Co.’s registration statement because it “no longer wishes to conduct a public…