Government Liquidation Preference Startup 
Startup Company Lawyer
MARCH 14, 2010
In addition, I think that a “peace treaty&# between early-stage investors and startup companies on standard terms (at least at a term sheet level) is a step in the right direction. The primary rights in these documents, ranked in order of importance in my opinion are: Non-participating preferred liquidation preference.
genylabs.typepad.com
SEPTEMBER 24, 2011
Emergent Research works with corporate, government and non-profit clients. Planning, Startups, Stories. where your stock sits in the liquidity preference stack. what rights and preferences the founders and the other investors have. SF Chronicle: Ultralight startups: little capital, just computer. Smart Mobs.
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Gust
NOVEMBER 15, 2012
In my own portfolio I have companies that are generally perceived to be extremely successful with high profile customers and lots of sales…but they just happen to have a liquidation preference ladder of $25 million!
ithacaVC
SEPTEMBER 20, 2011
That means, assuming a 1X liquidation preference, that the common stock should be worth zero NOW simply based on the fact that the aggregate liquidation preference exceeds the M&A revenue multiples. Furthermore, it is in an industry where M&A transactions typically happen in the 3-4X revenue range.
Scott Edward Walker
JULY 27, 2011
Indeed, whether a minority common stockholder is a founder, an advisor or even a friends/family investor, such stockholder will usually not be contractually granted any of the rights that are typically granted to preferred stockholders. Accordingly, I thought it would be helpful to examine these non-contractual rights.
Gust
MAY 24, 2012
As a quick review, most startups begin life as corporations with a single class of equity securities, referred to as Common Stock , issued to founders, employees, and outside service providers. Options and warrants, when issued, are also typically exercisable for shares of Common Stock.
abovethecrowd.com
APRIL 20, 2016
In February of last year, Fortune magazine writers Erin Griffith and Dan Primack declared 2015 “ The Age of the Unicorns ” noting — “Fortune counts more than 80 startups that have been valued at $1 billion or more by venture capitalists.” Next came Rolfe Winkler’s deep dive “ Highly Valued Startup Zenefits Runs Into Turbulence. ”
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