4 ms·
I'm unfamiliar with this kind of math. Would someone please walk me through the steps here to understand what this actually means?
by Sukotto 16y ago
I'm unfamiliar with this kind of math. Would someone please walk me through the steps here to understand what this actually means?
- burningout 16y agoHe means that if linkedin would be sold for 60 million, they would get the first 60 million. Then afterwards the normal shareholders are served until the initial ratio is reached.
- LiveTheDream 16y agoWhat burningout said (broadly); also here are some posts I found helpful about the topic: http://www.avc.com/a_vc/2010/05/an-evolved-view-of-the-participating-preferred.html http://www.avc.com/a_vc/2010/05/an-evolved-view-of-the-parti... http://www.gabrielweinberg.com/blog/2010/05/liquidation-preference-my-case-for-2x-non-participating.html http://www.gabrielweinberg.com/blog/2010/05/liquidation-pref... http://www.feld.com/wp/archives/2004/08/to-participate-or-not-participating-preferences.html http://www.feld.com/wp/archives/2004/08/to-participate-or-no...