investors

“Will I Make Money on Exit Or Will My Investors Take Most of It?” 

“Will I Make Money on Exit Or Will My Investors Take Most of It?”  Intro  Most founders focus on valuation when negotiating a term sheet.  But few recognize that in many real exits, valuation matters less than liquidation preferences, the clause that decides who gets paid first and how much.  A term like “1x non-participating” sounds founder-friendly. In practice, depending on how […]

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