3 ms·
Until the next financing round which might include more liq pref, full-ratchet anti-dilution, new shares issued, etc. Ultimately the 409a is for the IRS, not a
by mvkel 1y ago
Until the next financing round which might include more liq pref, full-ratchet anti-dilution, new shares issued, etc.
Ultimately the 409a is for the IRS, not a mark for employees
- phonon 1y agoThe next financing round might also include a lot more money on the balance sheet too!