It goes without saying that when the company goes public, the common stock and preferred stock will be pushed to even out……

In this issue, we will introduce the use of Liquidation Preferrence by using the example of North Warrior Technology……

When VCs invest, they usually focus on two aspects: one is the value, including the price and return after investment, and the second is the control, i.e.

The opinions of each round of investors are not always the same, so two clauses are necessary: one is Drag-Along, and the other is Co-Sale……

VCs often sign non-compete agreements before investing to retain the startup team and prevent the founders from leaving the company……

The first type of IPO is of course a happy situation, VCs can sell their shares in the open market to realize the capital cash, but the IPO of the company is, after all……

Protective Provisions may be abstract when you look at the literal meaning of the term, but it may actually be easier to understand……

The financing amount and valuation terms, the most important economic terms, are usually the most important to entrepreneurs and the most difficult to negotiate…..

Investors are often concerned that the next round of financing may be a Down Round, where the issue price of the shares is lower than their current conversion price……

The best way for a VC to exit is usually through an IPO, and there is no doubt about it.