Downward round refers to a private company offering additional shares to be sold at a price lower than that at which they were sold in the previous funding round.
Financial Information Exchange (FIX) is an information and data protocol used to distribute price and trade information to investment banks and broker-dealers.
A full ratchet is an anti-dilution provision that applies the lowest selling price as the option’s adjusted price or conversion rate to existing shareholders.
The Greater Fool Theory states that you can make money buying overpriced securities because there will usually be someone (i.e. a bigger fool) who is willing to pay an even higher price.
“Eventually, when the market runs out of fools, prices will start to go down.
The Halloween strategy suggests that investors should be fully invested in stocks from November to April and not invested in stocks from May to October.