3 ms·
Now add the implications of liquidation preferences (presumably) to the math and you'll see things get a lot more challenging.
by CPLX 11y ago
Now add the implications of liquidation preferences (presumably) to the math and you'll see things get a lot more challenging.
- refurb 11y agoExactly. Throw in a 2x or 3x liquidation preference and participating preferred and some of those investors will be lucky to get their initial investment back.
- rokhayakebe 11y agoYeah, however even a liquidation preference will be 1x,2x.