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Your investment firm makes a $10m investment in a new venture giving you 20% ownership. If your agreement includes a 1X liquidation preference with a
Your investment firm makes a $10m investment in a new venture giving you 20% ownership. If your agreement includes a 1X liquidation preference with a participating preferred 3X cap at what valuation (exit price) would you ignore your liquidation preference and convert to common shares? O A. any value greater than $30million O B. any value greater than $150million O c. any value greater than $110million O D. any value greater than $40million O E. none of the above
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