1x means “one times original purchase price” in conjunction with a liquidation preference. Liquidation preferences can be participating or non-participating.Example:
The VC firm was too aggressive; they wanted a 2x liquidation preference, instead of a 1x.Charting the Landscape of Series Seed Investing in North Texas
Who are these people?
Vela Wood is a Texas based, startup focused law firm with a local feel and a global impact. VW has counseled thousands of small businesses and startups and facilitated nearly $500M in early-stage financings. For more information please visit our website.