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Unfortunately not. The people who have that spreadsheet would find it very hard to hire if employees knew how the game was rigged.
by notbitter 15y ago
Unfortunately not. The people who have that spreadsheet would find it very hard to hire if employees knew how the game was rigged.
- notbitter 15y agoActually, it looks like Fred Wilson did an example here: http://www.avc.com/a_vc/2011/10/liquidation-analysis-continued.html http://www.avc.com/a_vc/2011/10/liquidation-analysis-continu... Note that his example does not show a multiple on the liquidation preference, and it doesn't show how the early employees can get screwed even when the founders do well. But it's more realistic than Suster's infographic.