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Re:Uber Founder Travis Kalanick Resigns as C.E.O. by ThrustVectoring on Wednesday June 21, 2017 @02:54AM (#14601449)
Liquidation preferences, senior equity, and debt-like terms, perhaps? If Uber is valuable enough in liquidation, it'd be a great opportunity to zero out the common stockholders and go home with a pile of cash.
Re:Uber Founder Travis Kalanick Resigns as C.E.O. by elmar on Wednesday June 21, 2017 @06:01AM (#14602403)
you are absolutely right depending on liquidation preferences terms cascade it could be a great deal to force an IPO or another type of exit for later investors.
Re:Uber Founder Travis Kalanick Resigns as C.E.O. by elmar on Wednesday June 21, 2017 @06:54AM (#14602613)