Plain-English definitions of AI, accounting, and SaaS-finance terms.
Selling accounts receivable to a third party at a discount in exchange for immediate cash.
Anti-dilution protection resetting preferred stock conversion price to the lowest price of any subsequent share issuance.
Preferred stock that receives its liquidation preference and also participates in remaining proceeds alongside common stockholders.
A funding round in which the company's value is formally determined and investors receive shares at a specific price, establishing a definitive valuation.
The right of existing investors to participate in future funding rounds proportionally to maintain their current ownership percentage.