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A comment on After WeWork, SoftBank’s Startup Bookkeeping Draws Scrutiny. Parent comment

Re:After WeWork, SoftBank’s Startup Bookkeeping Draws Scrutiny by ska on Thursday November 28, 2019 @01:22PM (#21659263)
Or if they were already in financial trouble and C came in with 1.x liquidation preference, they get everything (or near it)
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Re:After WeWork, SoftBank’s Startup Bookkeeping Draws Scrutiny by user5994461 on Thursday November 28, 2019 @04:20PM (#21660269)
But A and B would have liquidation preference too, so how is the money split?
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Re:After WeWork, SoftBank’s Startup Bookkeeping Draws Scrutiny by ska on Thursday November 28, 2019 @04:44PM (#21660376)
A and B may not have it at all, and anyway if C pushed a hard bargain, theirs will come first.

At any rate, the devil is very much in the details.

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