3 ms·
Not sure that giving liquidation preferences to common stockholders would be fair- the idea with a 1x liquidation preference is that money into the company at l
by sskates 11y ago
Not sure that giving liquidation preferences to common stockholders would be fair- the idea with a 1x liquidation preference is that money into the company at least first goes to repaying the principal on the investment first before rewarding any upside.
- salem 11y agoWhat's wrong for asking for the same terms as the latest round? Let's acknowledge that there is an opportunity cost for early hires.