Liquidation preference calculator

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What you change

01 The exit

Management carve-out 0%0%20%Reserved for common before any preference

02 Common

Ordinary shares and the issued option pool, paid last and only out of what the preferences leave.

03 Preferred

Tier 1 is paid first. Classes on the same tier share pro rata when there is not enough to pay them all.

What it returns
To common
n/a
Exit price
n/a
To preferred
n/a

The detail behind it
Where the exit price goes, in the order it is paid

Who is paid what

HolderBasisPayoutShare of exitReturn on money in

The same stack at five exit prices

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