I can't answer that. There are too many variables involved and like I said it is not as simple as a multiple choice question. You have to consider the percentag

I can't answer that. There are too many variables involved and like I said it is not as simple as a multiple choice question. You have to consider the percentage of the company they own for their investment. If Mr. X owns 5% and Mr. Y owns 25% well Mr. Y is entitled to more money. However, if Mr. X has a liquidation preference in his investment he may end up getting more than Mr. Y. The question has way too many variables and even more unknowns to give a simple answer to. It is strictly a legal question that should be handled between attorneys, investors, and the company.