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I understand the hesitation to predict future funding or dilution, but would hope to get straight answers about liquidation preferences in the current cap table
by divbzero 5y ago
I understand the hesitation to predict future funding or dilution, but would hope to get straight answers about liquidation preferences in the current cap table.
The startups I’ve received offers from were very upfront when I asked about shares outstanding and also willing to give order of magnitude estimates of where they were in terms of growth. I never thought to probe further about cap table and liquidation preferences. It turned out that the startup I’ve worked at the longest did have a sane cap table thanks to the founders finding good investors, but I didn’t learn those details until long after I joined.