Bing dodges $100B bullet & IVP's Tom Loverro on the looming startup collapse | E1678
This Week in Startups
00:00
Founders and Employees at a Venture Capital Firm
When venture investors make an investment, they have what's called a one-times liquidation preference. In good times that's considered very plain vanilla run of the mail. But when companies raise a lot of money and then maybe the price goes down where the entrepreneur just loses leverage,. entrepreneurs will see term sheets that have two X-legordation preferences.
Transcript
Play full episode
