Do I need a PPM for my startup’s financing?
Austin Startup
JUNE 9, 2017
Most tech startups never prepare one. PPM stands for “Private Placement Memorandum.” You can think of it as the private company equivalent of an S-1 , the long disclosure document that companies produce when going IPO. In dense startup ecosystems, PPMs are rare. TL;DR : Legally speaking, probably not.
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