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Jason's DTC investment thesis, Jokr looking to raise $50M, liquidation preference breakdown, witness in Elizabeth Holmes trial goes rogue | E1553
This Week in Startups
One X Liquidation Preference, a Million
The liquidation preference or the percentage, is your choice. Which evers greater. This creates what's called downside protection for an investor. And if the company were to sell for but 500 thousand dollars. It was a short sale, as we call in the business. The founders ind the team got nothing. So this is how sometimes v c founders wl gtalitlestcker, shock.
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