By my count The Kraken has consumed at least half a dozen Bitcoin businesses. has truly built a monster!
Conversation
I am still waiting for some return on our Cavirtex shares...
1
Cavirtex shareholders were paid out according to liquidation preference. When the purchase price is less than the sum value of the liquidation preference, those with a liquidation pref get a partial return. Those without a liquidation pref (usually, Common holders) get nothing.