2min chapter

ACQ2 by Acquired cover image

VC Term Sheets

ACQ2 by Acquired

CHAPTER

Investing

This is supercommon. It's going to be one x liquidation preference. Not participating anything else is way off market. Sits on the qono preference stack, sort of one level above the common stock. Every single round where you raise more money,. that is an additional aa preference on top of the stack. And so for all thos computer scientists listeng listening out there, you build up the stack, and then you pop off the stack.

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