preferred equity

1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Feb 24, 2023 by David Friedberg · across every show →

Everything said about preferred equity, oldest first

Feb 24, 2023 bearish
Assertion Not checkable as stated
Friedberg: Many venture-backed startups are worth less than their preferred equity
“I do think that there's a significant number of these companies that if they were to be truly valued on first principles in private markets today, they'll get valued as at a value that's less than their preferred equity, which means that there's a difficult re…”
David Friedberg Feb 24, 2023 ▶ 38:28 E117: Did Stripe miss its window? Plus: VC market update, AI comes for SaaS, Trump's savvy move
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