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1x is standard, 2x isn't, I doubt Giphy did more then 1x, The majority of snapchat's financing rounds are actually common stock with only the early investors ge
by flylib 10y ago
1x is standard, 2x isn't, I doubt Giphy did more then 1x, The majority of snapchat's financing rounds are actually common stock with only the early investors getting preferred stock and 1x liquidation preference
- no_wave 10y agoYou're correct, and I apologize for the misinformation. I'll add an addendum to my post reflecting this.