Harlem Capital automatically exercises pro-rata rights unless a startup significantly underperforms
Henri-Pierre Jacques · Jarrid Tingle and Henri Pierre-Jacques – Harlem Capital (Manager Meetings, EP.24) · Dec 16, 2021 · at 35:52
Henri Pierre-Jacques, Managing Partner at Harlem Capital, explains the firm's capital allocation and follow-on reserve strategy to Memorial Sloan Kettering CIO Jason Klein.
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“We typically do pro rata for most of our companies. I mean, unless you fall off a cliff, we're going to do pro rata, and we signal that to the founders. Part of, hey, we're leading Your seed round, we're going to be supportive in your seed plus or your series A.”
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