Comment on Ask HN: Why is liquidation preference acceptable and prevalent?parentComments−auganov11yThis is exactly what 1x non-participating liquidation preference is. The 1x is 1x of the invested amount, not a profit multiplier. https://vcexperts.com/buzz_articles/185
Comments
This is exactly what 1x non-participating liquidation preference is. The 1x is 1x of the invested amount, not a profit multiplier. https://vcexperts.com/buzz_articles/185