2 ms·
I believe YC takes common stock, not preferred stock.
by aberman 17y ago
I believe YC takes common stock, not preferred stock.
- gyardley 17y agoI've heard that this is so. I've also heard that a YC investment also carries certain contractual terms that approximate the investor's rights that come with preferred stock. I'd have to see actual deal docs to judge. If YC is truly taking only common stock and has only the rights of a common stockholder, it's a good deal.