4 years ago, a firm has issued $4.0 million worth of Series A preferred stock to a...
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Question:
a) How attractive is this takeover bid to the founders? And how attractive is it to the VC? Be specific and show your calculations, if necessary.
b) How does the existence of a drag-alonge clause affect the outcome of the takeover bid?
c) Looking back as a founder, what should you have negotiated differently before signing the term sheet 4 years ago? Again, be specific and show your calculations.
Related Book For
Financial Accounting
ISBN: 978-1259103285
5th Canadian edition
Authors: Robert Libby, Patricia Libby, Daniel Short, George Kanaan, M
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