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Date: Saturday, 21. November 2015
Author: Gast
Review:
In a meeting purchase sildenafil citrate The reason is that, in a typical VC deal, the VC invests in preferred security of some sort. Details vary, but a typical structure is preferred stock thats convertible into common stock at a fixed price, has a liquidation preference equal to the investment amount, may have an accruing dividend on top of that, and has some mechanism for forced conversion of the security upon a liquidity event (IPO or sale) above a certain valuation (often the initial conversion price, sometimes higher).
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