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Typically companies don't shut down until they are out of money or almost out of money so VCs lose basically everything. Common shares go to zero (as they shou
by harryh 8y ago
Typically companies don't shut down until they are out of money or almost out of money so VCs lose basically everything.
Common shares go to zero (as they should).
- moritzplassnig 8y agoAnd those companies usually took on debt additionally which is more senior than the equity investors.