2x preference is way off market these days. Most financings are 1x non-participa...

		jalonso510 on May 12, 2015 \| parent \| context \| favorite \| on: The Terms Behind the Unicorn Valuations 2x preference is way off market these days. Most financings are 1x non-participating. The linked study says they saw multiple preference in 3% of the unicorn deals.