liquidation preference
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Jun 10, 2025 by Bill Gurley · across every show →
Everything said about liquidation preference, oldest first
Jun 10, 2025 bearish
Gurley: Liquidation preferences can consume 75% of a down-round sale
“And so if a company's raised three hundred million dollars in there, Worth two billion LickPref doesn't matter that much. If the valuation is now four hundred million, then the LickPref could take 75% of the company in a sale. And that's a real, you know, that…”