Skin in the game
Skin in the game refers to a sponsor or manager having personal or organizational exposure to the outcome of a deal. The form and amount vary.
Why it matters to a capital raiser
I describe the sponsor's actual commitment and distinguish it from investor capital.
Related terms
- Alignment of interests
- Sponsor
A term can mean something different in a particular deal, so read it with the governing documents. General education only. Not legal, tax or investment advice.