Remove Demand Remove Finance Remove Participating Preferred Remove Syndication
article thumbnail

Pari Passu or F.U.little guy

Professor VC

Yes, there are a number of cases in the middle where having a senior or participating preference does make a difference in liquidation proceeds, but I argue that it does very little to overall returns in a diversified portfolio. AngelList (which I remain a big fan) also recently launched a syndicate program.