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Why would you assume that? Typically the company would just issue a new series of preferred stock.
by williamscales 10y ago
Why would you assume that? Typically the company would just issue a new series of preferred stock.
- mikeryan 10y agoI'm not sure thats entirely true typically a late round of funding will be some combination of folks taking money off the table and new stock. There's nothing very "typical" about a 850M raise at 30B. But Groupon infamously raised "Like, A Billion Dollars" of which only about 15% went into the company.