Indeed. Smart, young companies are refusing preferred share investments and are willing to keep their valuation lower because of that. It's true that you're s

Indeed. Smart, young companies are refusing preferred share investments and are willing to keep their valuation lower because of that. It's true that you're selling a larger portion of your future for less money in many ways, but you protect the founders and original investors as well as the employees too. Huge growth is important but it's also important to be smart about it. Selling a part of your company for a bit less if often better than mortgaging the common shares.