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I doubt their preferences are >1x since they've always had high demand. In that case, the preference stack would just be the total raised over time (~$10B).
by boulos 2y ago
I doubt their preferences are >1x since they've always had high demand. In that case, the preference stack would just be the total raised over time (~$10B).
- JumpCrisscross 2y ago> doubt their preferences are >1x That’s still something, especially right at the money! Some series also have various blocking, dividend and other rights.