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—	warrants 2008/09/17 14:08 current
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	+	====== Warrants ======

	+	An option given to an investor to buy stock in a company at a predetermined time and a predetermined cost. Warrants may not have an expiration date. Outstanding warrants can postpone an investor’s exit, enabling him or her to become more, not less involved with the company. Warrants are often included in private loans which investors make as their “icing,” and sometimes are added as part of an early investor’s option for later investments. Warrants seem harmless as an incentive at the time they are offered during the Early-Stages of a company's development, but may become an albatross for a company which is trying to secure additional funding at a higher valuation.

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