3 ms·
Add the effects of "preferred overhang" on employee payouts for various different exit outcomes like acquisitions. Usually only founders and investors with "pre
by nerdsniper 6mo ago
Add the effects of "preferred overhang" on employee payouts for various different exit outcomes like acquisitions. Usually only founders and investors with "preferred shares" see anything and those with common stock (employees) see theirs get completely eaten by the overhang.
- iliabara 6mo agoDepends on the outcome. If it's a positive outcome, then preference has no role. This game models good outcomes, with warnings for things like down rounds