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Feb 4, 2014

Partially Participating Preferred: An Alternative to Participation Caps

By: Paul A. Jones In an earlier blog (Capping Preferred Participation: A Compromised Compromise), I argued that the usual middle ground between entrepreneur-friendly "non-participating" preferred stock and investor-friendly "participating" preferred stock - capping participation at some multiple of an investor's base preference - is seriously flawed. Herewith an alternative approach. By way of a quick refresh, […]
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