2 ms·
No, not unless the later equity round is in a different type of security (preferred equity, convertible debt, etc.). Otherwise, all holders of common equity ar
by ericglyman 12y ago
No, not unless the later equity round is in a different type of security (preferred equity, convertible debt, etc.).
Otherwise, all holders of common equity are considered to be on equal footing (pari passu)
- api 12y agoDon't investors normally get preferred shares?
- ericglyman 12y agoNot unless you agree to sell preferred shares. All up for negotiation.