logoalt Hacker News

logicalleeyesterday at 10:25 PM1 replyview on HN

do you know, is that 1x?


Replies

tfehringtoday at 1:10 AM

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/