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EDIT: Removing it because have a lot more thoughts on this that do not get captured here properly.
by omarhaneef 7y ago
EDIT: Removing it because have a lot more thoughts on this that do not get captured here properly.
- tomp 7y agoHow do liquidation preferences work when a company goes public? Presumably shares are then just shares, and have a market value... Or are they converted into preferred shares?
- omarhaneef 7y agoThat is true -- most likely the preferences will go away, although who knows what they may negotiate.
- fullshark 7y ago> I like that no one in this reading of the situation is dumb Well except the employees