Trending: Apr 23- Apr 30 : A dirty term-sheet or a down-round?

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Sree Vijaykumar From the Editor's Desk Several unicorn founders are facing the tough dilemma of a dirty term sheet vs a down-round. A down-round is when investors reduce the valuation of a company compared to the last fund-raising round. A dirty term sheet is when there are terms like guaranteed IPO returns, ratchets, PIK Dividends, liquidity rights buried in the investment term-sheet. A dirty round is a lot more dangerous than a down-round because of the complexity of possibilities that could 'explode' in the future. Future investors could get spooked by dirty terms and refuse to invest. A high paper valuation on dirty terms could also mislead founders, employees and past investors on what the true worth of their shares are. Entrepreneurs are scared about employee morale when faced with a down-round. However, the alternative - a higher valuation, with dirty terms hidden in the deal might be even more dangerous - Comment Property Listing: Goyal Orchid Whitefield, Bangalore 1/2/3 BHK apartments, starting from Rs 35 Lacs.   Sree Vijaykumar From the Editor's Desk Cafe bars are the grown-up versions of coffee shops. As the youth evolve, they are looking for experiences beyond your typical Cafe Coffee Day. Cafe bars like 'Social' or 'Mockingbird Cafe' fill this niche, with both better food and ambience. They also encourage you to hang out, with free wifi and other goodies. By keeping pricing reasonable, they attract a larger client base. All-day dining and a lounge experience at night keep them occupied longer hours, increasing revenue. While the cafe bar will not be as ubiquitous (higher set-up costs) as coffee shops, India might just be ready to see more of this new format - Comment Sree Vijaykumar From the Editor's Desk It costs a bank Rs 48 to handle a bank premise-based transaction, Rs 18 to handle an ATM transaction and Rs 1 to handle a mobile-based transaction. Banks clearly have an incentive to get people to transact on the mobile phone. Mobile wallet startups like PayTM, given their technology advantage, lack of legacy, and wide network of merchants and consumers, are well positioned to overtake traditional banks when it comes to mobile transactions. RBI's Unified Payment Interface (UPI) promises to make it easier for consumers to use their mobile phone to transact with merchants. Add in the PM's Jan Dhan Yojana and India has an opportunity to get the 200 million plus unbanked into the banking system - through the mobile phone! How quickly we move to a cashless economy will depend on ease of use (still some work to be done here) and marketing and communication that informs and builds trust - Comment Property Listing: Godrej Infinity, Keshav Nagar, Pune Luxury 2/3 BHK apartments, from Rs 38 Lacs - Rs 92 Lacs.   Amazon just created $35 billion in stock market value in under 15 minutes The market likes what it sees. Earnings from e-commerce behemoth Amazon.com pleased investors, sending shares soaring by more than 12% in after-hours trading. The short version? Amazon's cloud-computing business is going strong, raking in $2.57 billion in revenue in the first quarter. https://www.theatlas.com/charts/Hy8LRxeW The bulk of the stock surge happened within the first 15 minutes after... Is a better dollar-rupee rate for small businessmen on cards? The central bank has asked commercial banks to disclose their dollar-rupee conversion rates for various kind of clients. 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Maersk keen on taking ports on lease in India: Julian Michael Bevis Julian Michael Bevis of Maersk Line India says he is positive about the shipping and port sector in India Workers will be able to view job offers before arriving in UAE Roll-out of service centres across various countries will happen in three phases. Rajan makes case for easier start-up norms Raghuram Rajan said start-ups are key to creating fresh jobs in the economy, adding that they need to grow into bigger businesses to keep creating employment SC asks Finance Ministry to explain NPAs recovery mechanism SC has also asked the Finance Ministry to inform as to what safeguards it is bringing in to curb bad debt. Standard Chartered Q1 profit down but bank on a stronger wicket Standard Chartered's global profit before tax shrunk to $589 million in the three months ended March 2016 from $1.44 billion in March 2015 as income fell. Companies forced to look at how to sell more from the same outlets: Satyadeep Chatterjee Interview with MD, consumer goods and services, Accenture Not chasing GMV, will aim to add and retain high-quality users: Snapdeal CEO Kunal Bahl There has been a marked slowdown in GMV as companies cut down on discounts to build healthier margins and stronger balance sheets. TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India