It's important to say that this isn't in the VCs interest either. As a VC, you want to keep the founders motivated to make you money and grow the pie - or at le

It's important to say that this isn't in the VCs interest either. As a VC, you want to keep the founders motivated to make you money and grow the pie - or at least to stay on and continue what they are doing. Taking away their personnel incentives through over boarding liquidation preferences is in neither side's interest. This is even more true when it comes to future investments. Founders talk to each other. And articles, such as this one, get the word out. So - next time you're choosing a VC for your promising startup, will you go with the one that forced the last company into a sale that left them with nothing - or will you go with one with a more founder friendly track record?