Re:My company sold for $100M and I got zilch – how can that be?
by glangdale on Friday October 25, 2019 @05:45PM
(#21359551)
That's the one where they get liquidity prefs up front and then also get to participate with common, right? Worked for a company that had that.
Fortunately we had a violent restructure and an insane cap table got crunched down, cleaned up and all that stuff was made null and void. Definitely a "useful crisis" as we got to an exit later without any liquidity prefs hanging over our head.
Fortunately we had a violent restructure and an insane cap table got crunched down, cleaned up and all that stuff was made null and void. Definitely a "useful crisis" as we got to an exit later without any liquidity prefs hanging over our head.