External Investor

topic on 1 show · 1 statements across 1 episodes

20VC

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20VC Insight
Hutchins: Super pro rata rights for insiders block new lead investors
“If you are in a situation where the insiders have all of their pro rata rights, super pro rata rights, you get to a point that if you want to raise 20%, or you want to sell 20% of the company in your next round, and insiders are taking 15, it's going to be har…”
Chris Hutchins Feb 23, 2018 ▶ 14:44 20VC: The Fundamentals Of Optimising The Fundraising Process, SAFE's vs Priced Equity Rounds & Why Hiring Is Really A Big Data Problem with Chris Hutchins, Founder @ Grove & Former Partner @ Google Ventures

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