Prestige Brand Discount$20.00M33.3% cheaper than Syndicate
Deal Structure & Tranches
Term Sheet Config
400,000,000
Tranche A: Prestige Lead VC8.33% Post
$40,000,000
$400,000,000
Tranche B: Syndicate / Follow-On8.33% Post
$60,000,000
$600,000,000
0.0%
Dual-Valuation Mechanics
Prestige VC pays $1.00/share while the Syndicate pays $1.50/share. The lead VC receives a 33.3% price subsidy funded by the syndicate's higher pricing and founder dilution.