Why would Mark Rockefeller and Mickey Konson of StreetShares agree to a transaction that included a 3

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Why would Mark Rockefeller and Mickey Konson of StreetShares agree to a transaction that included a 3× liquidation preference, an ongoing quarterly management fee, a put in six years priced at the greater of fair market value or the accrued return, and a $5 million pre-money valuation clawback should the company not reach a long-term deal? Why would Rotunda Capital Partners have suggested it?

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Venture Capital And Private Equity

ISBN: 9780470650912

2nd Edition

Authors: Josh Lerner, Felda Hardymon, Ann Leamon

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