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Not really. The simplest explanation is that you are getting a discount relative to what the investors paid. Investors usually get preferred stock, whereas rank
by rmk 10y ago
Not really. The simplest explanation is that you are getting a discount relative to what the investors paid. Investors usually get preferred stock, whereas rank-and-file employees usually get common stock, which has far fewer protections than preferred. They should be able to tell you this if you asked them, though.