5 ms·
I don’t know what the terms are or how much the CEO/founder has. Assuming a 2x liquidation preference there would be $240m left after investors take their share
by randomacct3847 8y ago
I don’t know what the terms are or how much the CEO/founder has. Assuming a 2x liquidation preference there would be $240m left after investors take their share. If the CEO has 5% then that’s $12m.