Information rights refer to rights that investors will have to information about startups, like annual budgets, financial statements, and the like.
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Common and Preferred Stock: What's the Difference?
Common stock does not sound exciting. Preferred stock does. First-time founders are looking for excitement—especially when it comes to their millions of initial shares—and so they’re often surprised to hear that they’ll be receiving common, rather than preferred stock when the startup is incorporated.
