Pascal's View
DECEMBER 17, 2012
Recent reports reveal that mergers and acquisitions still account for over 90% of liquidity events for venture-backed companies in 2012, a lamentable condition that has plagued the US innovation ecosystem for close to a decade. Challenge yourself to do better as a seller! More on this topic to follow…
ithacaVC
DECEMBER 14, 2011
Yes, it is possible to issue preferred stock without liquidation preference, but that is rarely done. Rather, preferred stock has the right upon a liquidation event to get its money back (a 1X LP) or, sometimes, a multiple of its money back (for example a 2X LP). Is the $13mm of aggregate LP a problem? It might be.
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Startup Professionals Musings
JUNE 6, 2022
These may be aggregated by an angel group up to about $1M for an angel round. Once invested, you should expect no return until the first “liquidity” event in 3-5 years, maybe longer. Liquidity events include merger or acquisition (M&A), or Initial Public Offering (IPO) when the stock goes public.
Startup Professionals Musings
SEPTEMBER 6, 2019
These may be aggregated by an angel group up to about $1M for an angel round. Once invested, you should expect no return until the first “liquidity” event in 3-5 years, maybe longer. Liquidity events include merger or acquisition (M&A), or Initial Public Offering (IPO) when the stock goes public.
Startup Professionals Musings
SEPTEMBER 16, 2017
These may be aggregated by an angel group up to about $1M for an angel round. Once invested, you should expect no return until the first “liquidity” event in 3-5 years, maybe longer. Liquidity events include merger or acquisition (M&A), or Initial Public Offering (IPO) when the stock goes public.
Startup Professionals Musings
NOVEMBER 1, 2013
These may be aggregated by an Angel group up to about $1M for an Angel round. Once invested, you should expect no return until the first “liquidity” event in 3-5 years, maybe longer. Liquidity events include merger or acquisition (M&A), or Initial Public Offering (IPO) when the stock goes public.
Startup Professionals Musings
SEPTEMBER 24, 2012
These may be aggregated by an Angel group up to about $1M for an Angel round. Once invested, you should expect no return until the first “liquidity” event in 3-5 years, maybe longer. Liquidity events include merger or acquisition (M&A), or Initial Public Offering (IPO) when the stock goes public.
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