Participating Liquidation Preference

topic on 1 show · 2 statements across 2 episodes

the a16z Podcast

2 statements about Participating Liquidation Preference, every show

a16z Assertion Supported
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…”
Scott Kupor Jun 23, 2019 ▶ 6:49 The Economics of Term Sheets
a16z Opinion
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.”
Scott Kupor Jun 14, 2019 ▶ 15:58 How to Raise Money from a Venture Investor

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