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Comment by logicallee | Hacker News Reader
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logicallee
·
do you know, is that 1x?
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tfehring
·
Not publicly disclosed as far as I'm aware, but likely 1x. In Q4 2021 when Brex last raised, only ~3% of rounds had >1x liquidation preference according to Carta.
https://carta.com/data/state-of-private-markets-q2-2024/
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