non-participating liquidation preference
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Jun 23, 2019 by Scott Kupor · across every show →
Everything said about non-participating liquidation preference, oldest first
Jun 23, 2019 neutral
Kupor: Non-participating preferred structures create investor exit indifference zones
“Between prices of four and 12, as you can probably see from a mathematical perspective, they're always better off just staying with their liquidation preference because their percentage ownership in the company doesn't yield them any more dollars. So the inves…”