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Actually, not only do you want to know the number of outstanding shares, you also want to find out what kind of liquidation preferences exist for the VC's. Depe
by vchakrav 18y ago
Actually, not only do you want to know the number of outstanding shares, you also want to find out what kind of liquidation preferences exist for the VC's. Depending on the liquidation preferences you could end up making $0 even if the company sells for 2-3X their series A funding.
It is absolutely unreasonable for the company to not specify the number of outstanding shares.