StarZero All shows Try the podcast clipper →

pro-rata rights

also referred to as: pro rata right

2 statements across 2 episodes · 1 bullish · 1 bearish · 2 people on the record · first statement Mar 6, 2018 by Sam Altman · across every show →

Everything said about pro-rata rights, oldest first

Mar 6, 2018 positive
Assertion Not checkable as stated
Altman: Studies show investors should always exercise pro-rata in top-VC uprounds
“Several venture firms have done very sophisticated studies of this, and they've all come to the following conclusion, which is if the company is raising an upround led by a good VC, say a top quartile VC, you should always exercise prorata. And if you do that …”
Sam Altman Mar 6, 2018 ▶ 39:03 Sam Altman - Startup Investor School Day 1 · Y Combinator
Mar 6, 2018 negative
Assertion Not checkable as stated
Levy: Founders breach contracts if they ignore SAFE pro rata rights
“This is a contractual right. You're breaching the contract if you do not give the safe holders their pro rata right.”
Carolynn Levy Mar 6, 2018 ▶ 41:56 Carolynn Levy and Kirsty Nathoo - Startup Investor School Day 1 · Y Combinator
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 300 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.

Try the podcast clipper Learn more