Both Sides of the Table

JULY 22, 2010

Things like “ participating preferred stock &# in legalese unsurprisingly never actually call out, “hey, this is the participating preferred language.&# We got a3x participating liquidation preference with interest (not participating with a 3x cap, but 3x participating.

Valuation 405

Valuation Liquidation Preference Pre-Money Valuation Term Sheet 405

Startup Company Lawyer

MARCH 14, 2010

The primary rights in these documents, ranked in order of importance in my opinion are: Non-participating preferred liquidation preference. The only way that the Series Seed documents will be widely used is if investors demand use of the documents. What rights does the Series Seed have? Limited protective provisions.

Finance 70

Finance Software Review Term Sheet Liquidation Preference 70

YoungUpstarts

JUNE 4, 2015

Even in Singapore, free, public Wi-Fi networks are increasingly getting popular across the country with hotels, cafes, restaurants and even some public buildings provide the service for the public to access the Web, which help offload some of the strain off mobile operators whose networks are struggling to deal with the demand for mobile data.

Singapore 100

Singapore Mobile Participating Preferred Security 100

Professor VC

JULY 25, 2013

Yes, there are a number of cases in the middle where having a senior or participating preference does make a difference in liquidation proceeds, but I argue that it does very little to overall returns in a diversified portfolio. Unfortunately, not everyone follows the KISS principle.

Term Sheet 46

Term Sheet Silicon Valley Syndicate Syndication 46

Altgate

DECEMBER 18, 2008

.&# From what I can tell the increase in the cost of capital for startups is partly to do with projections being revised down, but also (maybe even more so) because of a big mismatch in supply and demand for capital. Let’s recap how expensive a 3x liquidation preference really is.

Liquidation Preference 31

Liquidation Preference Venture Capital Post-Money Valuation Participating Preferred 31

ConversionXL

JULY 12, 2017

In addition, the same study found that 100% of participants preferred sites with sticky navigation bars, despite usually not knowing why (that’s all of the participants – crazy). When there is lots of demand and little supply, prices go up. If you’re familiar with the core principles of economics, this makes sense.

eCommerce 100

eCommerce Mobile Conversion Design 100

ConversionXL

JULY 12, 2017

In addition, the same study found that 100% of participants preferred sites with sticky navigation bars, despite usually not knowing why (that’s all of the participants – crazy). When there is lots of demand and little supply, prices go up. If you’re familiar with the core principles of economics, this makes sense.

eCommerce 95

eCommerce Mobile Conversion Design 95