> If you have Board control you will be able to issue dividends Most VCs insist on a protective provision that requires their approval to issue dividends to th

> If you have Board control you will be able to issue dividends Most VCs insist on a protective provision that requires their approval to issue dividends to the founders/employees (i.e., common stock). So yeah--focus on either building a company that will sell for more than the liquidation preference or at least push for a comfortable salary.