One notable exception is Snapchat which recently raised ~$500M selling common shares instead of standard preferred shares. http://nypost.com/2015/05/29/snapcha

One notable exception is Snapchat which recently raised ~$500M selling common shares instead of standard preferred shares. http://nypost.com/2015/05/29/snapchat-has-sold-537m-in-common-stock-to-investors/ http://nypost.com/2015/05/29/snapchat-has-sold-537m-in-commo...