A portfolio company received three series of investment, A, B and C. What is the order of liquation preference among three series of investors in a typical venture term sheet? Series A, series B, and series C. Series A, series C, and series B. Series C, series B, and series A. Question 23 1 pts In a full participating Preferred Stock, founders want preferred stocks to be converted to common stock at some point. What are conditions to ensure the conversion? Deemed liquidation event. Liquidation preference Qualifed public offering (QPO) Question 24 1 pts True, False: In a typical term sheet, "Registration rights at the time of IPO" is not included as it is relevant only for a successful exit. True False