[cyberax]

Sorry, but you're wrong.

"Preferred stock" is not really "preferred", it has a lot of limitations that common stock doesn't have. But it does have preference during liquidation and/or secondary market tender offers.

There are ways that founders or major stockholders can use to screw the minor stockholders, but preferred stock does not protect against them at all.

> Which is just a roundabout way then of saying that they want to appear like they care, but they don't actually.

If people are giving non-trivial amounts of stock in a company where they work is "just math", then I don't know what else you want.