|
|
|
|
|
|
by thinkingkong
1960 days ago
|
|
|
Part of the challenge is in addition to liquidation preferences there are board resolutions. If the board agrees to pay management bonuses then they can make that a preceeding operation to the liquidation (with approval) or after conversion to commons. In other words common equity dispersion is the S in bedmas. |
|
|