Yes it is normal for investors to be repaid first, However the article is saying is that there is a LIFO arrangement for different investors. Last in , first out. Example: C round investors , in exchange for new, higher…
Yes it is normal for investors to be repaid first, However the article is saying is that there is a LIFO arrangement for different investors. Last in , first out. Example: C round investors , in exchange for new, higher…