Hiring Liquidation Preference Sales 
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. That’s normal.
Both Sides of the Table
SEPTEMBER 5, 2012
Because convertible debt deals often have both a ‘full ratchet’ and often have ‘multiple liquidation preferences’ “ Yup. Convertible Notes Also Can Have Multiple Liquidation Preferences. Convertible notes often have multiple liquidation preferences. That’s right.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Both Sides of the Table
JANUARY 21, 2010
I know he’s smart but you wouldn’t hire a Javascript developer to do your database design – would you? Consider it a sales & marketing expense for them. You need to know how liquidations preferences work. Here’s a hack for you. You need to own your legal agreements.
Both Sides of the Table
FEBRUARY 23, 2015
There is such a thing as a “diamond in the rough” and let’s face it – if the company was totally rocking would they be hiring you? So it could be that a sale would yield you seven figures and you could move on to your next role but the CEO wants to “go big or go home” and sometimes go home is the outcome.
Altgate
OCTOBER 8, 2009
Raising Capital: 5 Reasons Convertible Debt Sucks HOT The Collapse of the VC Ecosystem & What It Will Look Like Post Recovery 10 Tips On Negotiating With VCs Dating…er…Fundraising Etiquette The Science & Art of Term Sheet Negotiation HOT How Liquidation Preferences Work HOT How Much Money Should I Raise?
Both Sides of the Table
JULY 19, 2011
On balance I usually prefer to recruit people from my network both in terms of saving costs as well as hiring people I know & trust. One tip – depending on seniority – you can sometimes hire independent reference check firms. It can get expensive so you’d probably only do it for a very senior hire.
genylabs.typepad.com
SEPTEMBER 24, 2011
where your stock sits in the liquidity preference stack. what rights and preferences the founders and the other investors have. They had a great managment team, A list VCs, great technology, excellent sales traction and market leadership in a very exciting space. what kind of stock you are getting. what your rights are.
Expert insights. Personalized for you.
405 
Let's personalize your content