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Or if they were already in financial trouble and C came in with 1.x liquidation preference, they get everything (or near it)
by ska 7y ago
Or if they were already in financial trouble and C came in with 1.x liquidation preference, they get everything (or near it)
- user5994461 7y agoBut A and B would have liquidation preference too, so how is the money split?
- ska 7y agoA and B may not have it at all, and anyway if C pushed a hard bargain, theirs will come first. At any rate, the devil is very much in the details.