Remove Finance Remove Liquidation Preference Remove Participating Preferred Remove Syndication
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Down Rounds: Deal With Reality

Feld Thoughts

Rather, when you have a choice between a financing at a lower valuation and a financing with all kinds of crazy structure to try to maintain a previous valuation, negotiate the best price you can but do a clean financing with no structure. and a bunch of other things. and a bunch of other things. . …

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Pari Passu or F.U.little guy

Professor VC

In investment parlance, it strictly means that new classes of stock have equal rights with prior classes in terms of liquidation preference, voting rights, etc. Another area where I''m not sure I stand is with some of the more formal referral and syndication programs that are emerging now.