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Most employees end up with common shares, unlike the preferred shares that founders and VC's end up with. This can lead to situations where the VC's and founder
by a_c_s 11y ago
Most employees end up with common shares, unlike the preferred shares that founders and VC's end up with. This can lead to situations where the VC's and founders make tons of money and employees get nothing.
http://www.businessinsider.com/how-liquidation-preferences-work-2014-3 http://www.businessinsider.com/how-liquidation-preferences-w...
- tomknight 11y agoI've never seen a founder end up with preferred shares. Lots of shares, sure, but not preferred.