11
Agree
1
Disagree
Avoid "Participating Preferred"
TheFunded.com Advice
Posted by Maddog on 2007-09-12
Tags: Negotiation Participation
PUBLIC:
Commonly included in term-sheets and sometimes only revealed in longer-form documentation...but effectivley way for Series-A to get their cake and eat it too, by essentially cashing out...and getting paid again before the pie is carved up for founders, management etc....definitely worth learning about.
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