{"@context":"https://schema.org","@type":"DefinedTerm","identifier":"startup.valuation-cap","name":"Valuation cap","alternateName":["cap"],"description":"A conversion term that sets a maximum company valuation for calculating the price at which a convertible instrument turns into equity.","disambiguatingDescription":"Here “Valuation cap” means: A conversion term that sets a maximum company valuation for calculating the price at which a convertible instrument turns into equity.","url":"https://pitch.dog/startupwords/terms/valuation-cap/","inDefinedTermSet":"https://pitch.dog/startupwords/","edition_status":"research-preview","family_version":"0.18.0","machine_readable_notice":"Definitions are educational reference material. Context, jurisdiction and professional practice may change the correct interpretation."}