4 ms·
Even if the company did sell, it could be at a fire sale price and you could be inline to get paid after investors, founders, etc. IIRC, the term is Liquidatio
by fatnoah 8y ago
Even if the company did sell, it could be at a fire sale price and you could be inline to get paid after investors, founders, etc. IIRC, the term is Liquidation Preference. I held options for about 0.5% of my company when it was sold. They were worth $0 due to such preferences.