Warm Introduction

A Warm Introduction is an introduction made by an existing acquaintance to someone with whom you would like to become aquatinted, that is coupled with some sort of personal endorsement. In the venture capital world, a warm introduction is the […]


Weighted Average Cost of Capital (WACC)

Weighted Average Cost of Capital (WACC) is a formula used to determine a company’s cost of capital. The WACC is the sum of the average equity cost and the debt cost after tax. The average is weighted based on the […]


White Label

White Label is using a third party’s back-end or core technology with your own skin or front-end.


Write-Down

A Write-Down is a reduction in the reported value of a company or asset.


Write-Off

A Write-Off is a reduction in a company’s or asset’s reported value to zero.


Warrant

A Warrant is a security that gives the warrant holder the right, but not the obligation, to buy or sell a security at a certain price before a set expiration time or milestone.


Wash-Out Round

A Wash-Out Round is a round of financing whereby the founders are so diluted that their voting power becomes minimal, or they are essentially “washed-out.”


Weighted Average Anti-Dilution

Weighted Average Anti-Dilution is an investor protection tool in which a preferred shareholder’s conversion price (the price by which preferred shares are converted to common shares) is adjusted in a subsequent financing round to a lower price per share, calculated […]