Free Version

Review Topics
Practice Exams
Man, those test proctors really come down hard on talking. I got kicked out for bellowing quietly in the corner and chewing on a test booklet.

The Facebook Deal: Equity Lowdown

Dashboard > Investment Vehicle Characteristics, Part I > The Facebook Deal: Equity Lowdown

The Facebook Deal: Equity Lowdown

The Deal: Preference Nitty and Gritty

Mark continued, “We shook hands with Peter, but then noticed something odd in the contract. His $500,000 bought a different class of stock than what they own. Peter’s was “preferred” and ours was just “common”. We felt gently insulted, and asked about it. This flavor of preferred stock didn’t pay a dividend and had no fancy terms (in many venture deals, preferred stock at this stage would carry other terms usually favorable to the investor, t...

Looking for more? Why is this annoying box in the way? It's because you haven't paid for the course yet!

Next: In the Mood to Share
Prev: Flavors of Partnership

*Securities is a registered trademark of the College Board, which was not involved in the production of, and does not endorse this product.