The Liquidation Preferences Are a Signal That the v C Wants to Protect Downside

Gibbs: I frankly wish that kliner had given me heads up, you now. Liquidation preferences are generally a signal that the v c wants to protect downside. They actually don't happen all that often in the last decade because they'd rather you just shut the company down,. Yes? No, i think i think you're right. You probably learn now are the gall for a reason, right? Cause you just said it kind of screws up future fun raisings to have some funky liquidation preference on the cap table. It does.