2002 Finance Preferred Stock Revenue 
Ben's Blog
JULY 16, 2013
Perhaps you are caught in the “Series A crunch” or perhaps you are a consumer company and expected that you would be valued on users rather than revenue like the last time. 3/29/2002: 82.5. They might have said something ridiculous like: “Based on the current price of the preferred stock, your offer is already worth $5M.”
Ben's Blog
JULY 16, 2013
Perhaps you are caught in the “Series A crunch” or perhaps you are a consumer company and expected that you would be valued on users rather than revenue like the last time. 3/29/2002: 82.5 They might have said something ridiculous like: “Based on the current price of the preferred stock, your offer is already worth $5M.”
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