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Learn/Venture capital foundations
LearnVenture capital foundations

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B Basic

  • How a venture fund works9m
  • Stages: pre-seed to growthPro7m
  • Evaluating a startupPro10m
  • Sizing a startup's marketPro8m
  • Pre money, post money, and price per sharePro8m
  • What VC internship interviews askPro7m

A Advanced

  • Cap tables and dilution across roundsPro11m
  • SAFEs and priced roundsPro10m
  • Liquidation preferencesPro9m
  • The investment memoPro9m
  • FlashcardsPro0/20
  • Basic quizPro80% passes
  • Advanced quizPro80% passes
  • Terms

Liquidation preferences

A liquidation preference lets preferred investors take their money back before common holders get anything. It matters most when a company sells for less than hoped.

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