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This is happening more now.

Liquidation preference was included in 20% of all Series B-E Silicon Valley venture financings in Q3 last year.

When a company is not doing well and there are no other investors who will finance the next stage of the company, investors have the leverage and can include a liq pref and drag along to force other shareholders to sell.

https://assets.fenwick.com/banner-images/Silicon-Valley-Vent...

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Great document, but I could not find any mention of "drag along".

Yeah, there’s good data on liq pref.

For the drag I was just referencing the original article in this thread. Both liq pref and drag are such onerous terms that the only way investors can get them is when the company has lost their leverage by not having other interested investors.

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