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1. screener screener Public

   Hopes to be a programmable screener if it grows up

   Python 1

2. Coding Challenge: Liquidation Prefer... Coding Challenge: Liquidation Preferences

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   # Coding Challenge: Waterfall Analysis

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   When a startup closes a new financing round (called a Series A, B, C, and so on), a new share class with preferred rights is usually created. These protect new investors in case the company gets sold at a lower valuation than the current financing round (while founders and employees might still get a pretty nice return). They are called liquidation preferences. When the company is sold (called an “exit”), the money of the exit has to be divided among all shareholders according to these liquidation preferences.

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   The basic rules are: