3 ms·
Well there is one company relatively recently that has raised $300M on a $1B valuation. I don't know the liquidation preference, but it happens.
by mahyarm 11y ago
Well there is one company relatively recently that has raised $300M on a $1B valuation. I don't know the liquidation preference, but it happens.
- aetherson 11y agoI guarantee you their liquidation preference is not 2x (or indeed above 1x). And 30% is not 50%. Even if for some unfathomable reason the liquidation preference was 2x, and even if for some even more unfathomable reason the company promptly exited at $1B, that would leave $400M to be distributed to everyone else who had stock.