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Sure but those preferences only really affect equity payouts when the company’s in distress. When selling the a non-distressed company, equity will receive cas
by Dwolb 8y ago
Sure but those preferences only really affect equity payouts when the company’s in distress.
When selling the a non-distressed company, equity will receive cash.
- JumpCrisscross 8y ago> those preferences only really affect equity payouts when the company’s in distress Liquidation preferences and bankruptcy priority only matter when a company is distressed.
- Dwolb 8y agoIs it not possible to sell a company that is currently profitable, cash flow positive, and is worth less than what investors had put in?