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Re:Dropbox May Not Be LeBron James, but Is Still in the Game by CPLX on Wednesday February 03, 2016 @06:28PM (#11030784)
Now add the implications of liquidation preferences (presumably) to the math and you'll see things get a lot more challenging.
Re:Dropbox May Not Be LeBron James, but Is Still in the Game by refurb on Wednesday February 03, 2016 @09:53PM (#11031652)
Exactly. Throw in a 2x or 3x liquidation preference and participating preferred and some of those investors will be lucky to get their initial investment back.
Re:Dropbox May Not Be LeBron James, but Is Still in the Game by rokhayakebe on Wednesday February 03, 2016 @10:13PM (#11031742)
Yeah, however even a liquidation preference will be 1x,2x.