Dr Enrico Costanza, co-author from ECS, says: «Future design of learning thermostats should not only take into account occupancy patterns and outdoor temperatures (such as the Nest system), in
addition to price preferences, but also people's daily routines and activities.
In
addition to a multiple
preference, some preferred equity structures include participating provisions whereby preferred shareholders will receive a multiple of the original purchase
price and then participate ratably on an as - converted basis in the remaining proceeds of the liquidity event.