Do preferreds compete with the common stock?
Replied byPhong Lee
President & CEO at Strategy (formerly MicroStrategy)
Niche: Technology, SaaS, AI, Finance, Cryptocurrency
Revenue: $1M+/month
Location: USA
Started: 2020
I see an ecosystem, not a fight. Common is the alpha. Preferreds, converts, and notes support the common. Different products for different needs like owning a phone, watch, and earbuds. Together they strengthen the stack.
0
From the Full Interview
This answer is part of a full interview with Phong Lee, President & CEO at Strategy (formerly MicroStrategy).
Share this Answer
Found this insight valuable? Share it with your network to help others learn from Phong Lee's experience.
Related Answers
No related answers found.