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Consider the following four CP investors: (1) Series A: $5M APP (and 2x liquidation preference) or converts to 5M shares; (2) Series B: $10M APP
Consider the following four CP investors: (1) Series A: $5M APP (and 2x liquidation preference) or converts to 5M shares; (2) Series B: $10M APP or converts to 8M shares; (3) Series C: $10M APP or converts to 5M shares: (4) Series D: $5M APP or converts to 10M shares. In addition to these investors, the founders hold 10M shares of common. How much each investor would be paid off at the exit value of $100M? Unit in $Millions. Series A -$30.30, Series B - $24.24. Series C-$15.15, Series D-$30.30 Series A $17.86, Series B - $28.57. Series C-$17.86, Series D=$35.71 Series A -$13.16, Series B -$21.05, Series C-$13.16, Series D-$26.32 Series A $32.26, Series B -$16.13, Series C-$25.81, Series D=$25.81
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