Here's why VCs care about preference shares. http://avc.com/2010/08/heres-why-you-need-a-liquidation-preference/ http://avc.com/2010/08/heres-why-you-need-a-li

Here's why VCs care about preference shares. http://avc.com/2010/08/heres-why-you-need-a-liquidation-preference/ http://avc.com/2010/08/heres-why-you-need-a-liquidation-pref... I've heard that later stage investors (Series C/D?), may ask for 2x preferences, and in light of AVC's post I can understand why.