ServiceTitan could be the first of many ‘dirty’ term-sheet IPOs, VCs believe

Q: How long will it take to read this news story?

The story "ServiceTitan could be the first of many ‘dirty’ term-sheet IPOs, VCs believe" has 873 words across 36 sentences, which will take approximately 4 - 8 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "ServiceTitan could be the first of many ‘dirty’ term-sheet IPOs, VCs believe" was covered 10 hours ago by TechCrunch, a news publisher based in United States.

Q: How trustworthy is 'TechCrunch' news outlet?

TechCrunch is a fully independent (privately-owned) news outlet established in 2005 that covers mostly technology news. The outlet is headquartered in United States and publishes an average of 30 news stories per day. It's most recent story was published 9 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23897936</li><li>URL: https://beamstart.com/news/servicetitan-could-be-the-first-17326577916901</li></ul>

TechCrunch 10h ago

ServiceTitan could be the first of many ‘dirty’ term-sheet IPOs, VCs believe - TechCrunch

Quick Summary:

ServiceTitan had agreed to ratchet terms (albeit not compounding) twice before, and got caught with lower share prices, the S-1 disclosed.

Looks like company agreed to ‘dirty’ term sheets,” he wrote.“Best to steer WAY, WAY clear of investors asking for compounding ratchets.

More delay, no matter what’s going on in the market, would mean that ServiceTitan has to price even higher to avoid the gotcha with the Series H investors.