4 ms·
This is only true if the shares sold in this round participating preferred and earlier investors were not entitled to money back in such a sale, I doubt either
by jamiequint 15y ago
This is only true if the shares sold in this round participating preferred and earlier investors were not entitled to money back in such a sale, I doubt either is the case here.
- damoncali 15y agoThe larger point is that 4th grade percentage math is inadequate to value preferred stock. Change the example to one you like if you find mine too simplistic.