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Have you seen anything like what you describe that you can share?
by spoon16 15y ago
Have you seen anything like what you describe that you can share?
- notbitter 15y agoUnfortunately not. The people who have that spreadsheet would find it very hard to hire if employees knew how the game was rigged.
- notbitter 15y agoActually, it looks like Fred Wilson did an example here: http://www.avc.com/a_vc/2011/10/liquidation-analysis-continued.html http://www.avc.com/a_vc/2011/10/liquidation-analysis-continu... Note that his example does not show a multiple on the liquidation preference, and it doesn't show how the early employees can get screwed even when the founders do well. But it's more realistic than Suster's infographic.