OK its a cheap shot I admit it
Liquidation Preferences

VC Process

I've come across a good short paper on VC Process from White & Lee a West Coast US boutique corporate law firm.  It is from a US perspective but useful all the same.    Amongst other things it covers liquidation preferences, a topic of some discussion at the recent Cambridge Enterprise Conference with Andy Allars (ex Prelude) expressing some distaste for what has become a pretty standard element of the VC term sheet.


Ian Grove-Stephensen

Be good to have your take on liquidation preferences

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