Does CIPS have a degree?

Does CIPS have a degree? On successful completion of the Diploma, Advanced and Professional diplomas and in conjunction with three years’ experience in a role of responsibility in procurement and supply, you may apply for full membership of CIPS to use the designatory letters, MCIPS. … What is a CIPS qualification? A CIPS graduate diploma […]

What is a preference stack?

What is a preference stack? When a startup is sold, the money it makes is paid to shareholders in a predetermined order, called its “preference stack.” As a rule, employees are last, while shareholders with liquidation preference (LP) come first. A 1x multiple—standard for mid-stage companies—guarantees the investors get 100% of their money back. What […]

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