Uploaded June 2025 | Updated September 2026, 13 hours ago
What’s the difference between common shares and preferred shares? Founders and employees usually hold common shares — they get paid last, and have no special rights. Investors? They hold preferred shares, with priority payouts, conversion options, and liquidation preferences.
Understand the equity game before you raise.
Are you a founder building the next big thing? a16z speedrun backs founders at the earliest stages across tech, entertainment, and AI.
Apply to speedrun today – speedrun.a16z.com
#shares #investing #founders #founderadvice #a16z #speedrun
What’s the difference between common shares and preferred shares? Founders and employees usually hold common shares — they get paid last, and have no special rights. Investors? They hold preferred shares, with priority payouts, conversion options, and liquidation preferences.
Understand the equity game before you raise.
Are you a founder building the next big thing? a16z speedrun backs founders at the earliest stages across tech, entertainment, and AI.
Apply to speedrun today – speedrun.a16z.com
#shares #investing #founders #founderadvice #a16z #speedrun
