Business Pitch Dictionary by pitch.dog
Fundraising process & investor pipeline · Specialist

Bookbuilding

Also called: build the book

ELI5

Collect investor demand before setting allocations.

Used in conversation

“The bookbuilding process showed strong demand at the lower price range.”

Definition

The process of collecting investor indications or orders to determine demand and allocation in an offering.

Here “Bookbuilding” means: The process of collecting investor indications or orders to determine demand and allocation in an offering.

Pitch context

You will see “Bookbuilding” in fundraising decks, data rooms, term sheets and investor conversations when the discussion reaches fundraising process & investor pipeline.

Why it matters: In fundraising process & investor pipeline, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 6

Direct term-level sources and supporting source families.