For the most part, this is triggered when the proceeds are less than the liquidation preference, which means that the founders will get nothing.
多数情况下这在收益少于清算优先收益时才被激发，这意味着创始人将什么也得不到。
Don't let yourself be confused by a lawyer because you don't know what "liquidation preference," "right of first refusal," or "drag along/tag along" means.
不要因为自己不懂“清算优先权”(liquidation preference)、“优先承购权”(rightoffirst refusal)，或者是“拖带权”(dragalong/tag along)的含义，而被律师搞的晕头转向。
The preferred shares have a liquidation preference of $1,000 apiece.
这些优先股每股可享有1，000美元的清算优先权。
Investors get their money back (through Liquidation Preference), and the founders (management team) get nothing.
投资者拿回自己的钱(通过清算优先权)，创始人(管理层)一无所有。
Yes, the Series E investors (the ones that just put in $100 million) get Liquidation Preference. Look at the line for the current round that says Liquidation Preference.
是的，E系列投资者（一亿美元投资者）得到了清算优先权。
Yes, the Series E investors (the ones that just put in $100 million) get Liquidation Preference. Look at the line for the current round that says Liquidation Preference.
是的，E系列投资者（一亿美元投资者）得到了清算优先权。
应用推荐