participating liquidation preference
2 statements across 2 episodes · 0 bullish · 2 bearish · 1 people on the record · first statement Jun 14, 2019 by Scott Kupor · across every show →
Everything said about participating liquidation preference, oldest first
Jun 14, 2019 negative
Participating liquidation preferences are fundamentally unfair to founders
“Fundamentally, you know, and I say this in the book, like, I think that's very unfair to the entrepreneurs and to the common shareholders, because liquidation preference is really intended to protect your downside, and so it's not obvious to me.”
Jun 23, 2019 negative
Kupor: Participating Liquidation Preferences Are Rare in Silicon Valley Deals
“Now, participating is slightly different, and it's actually much more advantageous to the venture capitalist, and quite frankly, deleterious for the entrepreneur. We generally do not see it very often, particularly in Silicon Valley, but it's good for you to u…”