Startup Funding
What Is a Liquidation Preference? Examples for Startup Sales
Why a startup sold for hundreds of millions can leave founders and employees with little, and how to read the preference terms in a company's charter.
Tag: liquidation preference
Startup Funding
Pre-Money vs Post-Money Valuation, With Worked Examples
The same funding round can be described with two different valuations. Here is how to tell them apart, how the share price is set and what the headline number leaves out.