A Liquidation is the process of winding down a company and converting its assets into cash (or distributing assets) to pay creditors and, if anything remains, distribute proceeds to equity holders according to priority. In venture-backed companies, Liquidation outcomes are heavily influenced by the capital structure, and Liquidation often triggers payment of liquidation preferences before common shareholders receive proceeds.
Ryan RobertsStartup Lawyer
Ryan Roberts is a startup lawyer with more than two decades of experience advising on venture financings and M&A transactions totaling more than $1 billion. He is the author of the Amazon bestselling startup law book Acceleration.
