Assertion: liquidation preference | /r/HasProperty | less than $2 per share
Facets:
value: rarely
type: DEGREE
Source sentences:
text: The initial preference is designed to, at minimum, provide downside protection for VC investors and will therefore rarely be less than the amount of investors’ initial per share investment (i.e., if a VC investor buys a share of Series A preferred at $2 per share, the initial liquidation preference will rarely be less than $2 per share).