How to pronounce“tranching”in English
nounIPA/træntʃɪng/
Syllablestran·ching
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42:49
that there's more pressure on your investors to keep investing in subsequent rounds but it's not something that you care too much about
tranching is something that you do care about a trend that has developed I wouldn't say it's in every term sheet but you see
it more often is to fund the money in tranches and actually in the form of term sheet that I passed out it does have two tranches
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