Understanding the Valuation Math on the VC Term Sheet
Let’s pretend for a minute that the economy we’ve known and understood for the past ten years is back: we’re allowed out of the house, business is booming, and you’re ready to take your show…
Let’s pretend for a minute that the economy we’ve known and understood for the past ten years is back: we’re allowed out of the house, business is booming, and you’re ready to take your show…
Liquidation preferences are a crucial aspect of negotiating the terms of your VC deal. They are as important as your company’s valuation (and I discuss more about valuation here). A liquidation preference is an economic provision…