Preferred Pizza Toppings
This episode explains how venture capital investors get preferred stock, and founders get common stock. Preferential toppings provided to investors include liquidation preferences, veto rights, board rights, anti-dilution rights, co-sale and drag-along rights. David Smith talks to Mark Cameron White, founder of the White Summers law firm, about the terms Mark’s seeing in Silicon Valley and elsewhere today.
Podcast: Play in new window | Download
Subscribe: Apple Podcasts | Google Podcasts | Spotify | iHeartRadio | Stitcher | Email | TuneIn | RSS