Right Of First Refusal
topic on 2 shows · 2 statements across 2 episodes
Innovators & Investors 
Top Founders
2 statements about Right Of First Refusal, every show
Newman: Corporate VC right of first refusal creates de facto poison pills
“When a corporate leads and as soon as legal gets involved, they usually want things like right of first refusal and most favored nation. And sometimes that can be absolutely fine. And sometimes if you're in a highly competitive industry, that becomes sort of a…”
Cotton: Grant OEM partners notification rights instead of ROFRs to spark bidding
“You obviously never want to give a right of first refusal. And we had everyone demand it and ask for it. And in every case we, except for one, actually, we did not successfully get one OEM agreement done because of not granting a rofer. But we did grant notifi…”