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Format or terms and condition of Preferred Stocks Angels ask for

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I read several blogs and interview of several Angel investors. My understanding is they are mostly asking for Preferred Stocks.

What are most common terms and conditions they lay down in Preferred stocks?

edited Aug 30 '12 at 15:18

Zuly Gonzalez♦
8,90741866

asked Aug 28 '12 at 22:21

coding crow
1054

Take a look at this: ycombinator.com/seriesaa.html – frenchie Aug 28 '12 at 23:40

See also venturehacks.com for samples and more information. – TimJ♦ Aug 29 '12 at 1:23

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