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#2 is wrong. Founders don't get preferred stock. The link even says so: "Typically, investors get preferred stock, and founders and employees get common stock
by harryh 7y ago
#2 is wrong. Founders don't get preferred stock. The link even says so:
"Typically, investors get preferred stock, and founders and employees get common stock (or stock options)."
- ummonk 7y agoRight, it's more that founders get sweetheart deals in acquisitions / funding rounds.