Save your energy for other terms, such as liquidation preferences and reverse vesting.
把你的经历节省到其他条款上吧，比如清算优先权和反向特别保护权。
And, as we've seen, certain clauses can make a huge difference (such as the liquidation preferences and anti-dilution clauses).
正如我们所见，某些条款能造成巨大的差异(比如清算优先权和反稀释条款)。
These securities have a variety of protections-such as liquidation preferences and voting rights-that provide VCs with downside protection and control.
这些证券有多种保护性措施，比如清算优先权和投票权-这给风投提供了下行保护和控制。
These securities have a variety of protections-such as liquidation preferences and voting rights-that provide VCs with downside protection and control.
这些证券有多种保护性措施，比如清算优先权和投票权-这给风投提供了下行保护和控制。
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