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Liquidation preferences, senior equity, and debt-like terms, perhaps? If Uber is valuable enough in liquidation, it'd be a great opportunity to zero out the com
by ThrustVectoring 9y ago
Liquidation preferences, senior equity, and debt-like terms, perhaps? If Uber is valuable enough in liquidation, it'd be a great opportunity to zero out the common stockholders and go home with a pile of cash.
- elmar 9y agoyou are absolutely right depending on liquidation preferences terms cascade it could be a great deal to force an IPO or another type of exit for later investors.
- elmar 9y agoHidden Cap Table Secrets https://aleph.vc/hidden-cap-table-secrets-bd6c4e9e780e https://aleph.vc/hidden-cap-table-secrets-bd6c4e9e780e