What would you do about vC demanding 2x liquidation preference?

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Illustrative scenario prepared by my practice.

For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.

Hypothetical question

Has anyone dealt with something like this? I'm not sure what my options are.

VC demanding 2x liquidation preference. I've been dealing with this for about 3 weeks now and the situation isn't improving.

I have already tried to resolve this directly but got conflicting advice just saying.

Do I have a strong case? What should my next steps be?

What would you do about vC demanding 2x liquidation preference?

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