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VC Collusion: Pro-Rata and The Arbitrary 20% with Lee Jacobs

VC Collusion: Pro-Rata and The Arbitrary 20% with Lee Jacobs

by Lee Jacobs | Jul 9, 2019 | Lee Jacobs

As our seed companies have matured and gone on to raising Series A, without question a key issue that comes up is pro-rata right in the companies next financing round.  As Fred Wilson recently covered, these pro-rata rights are a source of much much dissension....

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