Teaser (blind profile)
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Quick Answer
A teaser is a one to two page anonymous profile of a company for sale, circulated before any NDA is signed.
What it is
It carries sector, a revenue and EBITDA band, geography and the investment thesis, and deliberately omits everything that would identify the business. Its job is to create enough interest for a buyer to sign an NDA, and nothing more. The teaser is the first document in the sell-side sequence that leaves the seller's side of the table.
Operational context
What good looks like
Why It Matters
The teaser is where leak risk is managed. A teaser that identifies the company by implication — a named contract, an unusual geography, a distinctive customer — has already spent the confidentiality the NDA was supposed to buy.
Common mistakes
Term Family
Related concepts
Related Questions
Browse all questions →Frequently Asked Questions
What is Teaser (blind profile) in venture capital?
It carries sector, a revenue and EBITDA band, geography and the investment thesis, and deliberately omits everything that would identify the business. Its job is to create enough interest for a buyer to sign an NDA, and nothing more.
Why is Teaser (blind profile) important for startups?
Understanding Teaser (blind profile) is critical for founders navigating the fundraising process. It directly impacts deal terms, valuation, and the relationship between founders and investors.
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