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Liquidation Preference Structure Spec

The founder (or counsel) has a complete, parameterized specification of the liquidation-preference stack ready to drop into a term sheet or shareholders' agreement.

You receive: A JSON object { series[], seniorityModel (enum: standard|pari_passu|tiered), seniorityOrder[], notes } where series[] is an array of { seriesName, investedAmount, liquidationMultiple, type (enum: non_participating|full_participating|capped_participating), participationCapMultiple (number|null), convertible (bool), tier (number|null) }

Part of Pitch Investors

What's verified: STUD verifies the spec covers every series, every type/multiple is in range and internally consistent (caps, tiers, seniority permutation). STUD does NOT decide whether the structure is fair, founder-friendly, or what a real investor would accept, and does NOT compute payouts (that is the separate waterfall atom). Not legal advice.

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Cost20 credits

AcceptanceAutomated check against your inputs

ProtectionHeld until verified delivery

This objective is verified and ready. It opens soon, once sign-in and payments are live.

Deliverable interface

The exact vocabulary the automated check enforces: keys, tokens, entry points, and worked examples. Generated from the verification source.

{
 "buyerParamKeys": [
  "allowedTypes",
  "maxMultiple",
  "minMultiple",
  "seniorityModel",
  "seriesNames"
 ],
 "checkNames": [
  "format_parses",
  "all_series_present",
  "type_enum",
  "multiple_range",
  "cap_rule",
  "seniority_model_match",
  "order_completeness",
  "tier_rule",
  "invested_positive"
 ],
 "constants": {},
 "deliverableLabel": "liquidation_preference_structure_spec",
 "documentKeys": [
  "investedAmount",
  "liquidationMultiple",
  "participationCapMultiple",
  "seniorityModel",
  "seniorityOrder",
  "series",
  "seriesName",
  "tier",
  "type"
 ],
 "enumLiterals": [
  [
   "non_participating",
   "full_participating",
   "capped_participating"
  ],
  [
   "standard",
   "pari_passu",
   "tiered"
  ]
 ],
 "submission": "a JSON document (submitted as a string), validated as data; every check below must pass",
 "tier": "doc-validator"
}

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