Pascal's View

MARCH 8, 2010

It’s that time of the year again– time to send out audited financial statements and K-1’s to your limited partners– which means it’s also a great time to address some of the common questions that investors raise about VC partnership governance and disclosure issues. entitled to receive from a VC fund?

Limited Partner 28

Limited Partner Government Delaware LP 28

Both Sides of the Table

OCTOBER 14, 2009

The first is a “board member.&# This is a person who had legal, corporate governance rights to vote on initiatives that require board approval. That’s what “information rights&# are for and you can promise the investor to meet 1-on-1 on a quarterly basis. Don’t get sucked in to this logic.

Advisory Board 215

Advisory Board Strategic Investors Venture Capital Later Stage 215

Startup Company Lawyer

MARCH 14, 2010

I was actually somewhat surprised that the following investors have agreed to use the Series Seed documents in certain of the their deals: Baseline, Charles River Ventures, SV Angel (Ron Conway), First Round Capital, Harrison Metal Capital, Mike Maples, Polaris Venture Partners, SoftTech VC and True Ventures. Information rights.

Finance 70

Finance Software Review Term Sheet Liquidation Preference 70

Version One Ventures

SEPTEMBER 12, 2017

Then, if you win the deal, you have major influence on the development of the start-up through negotiated governance mechanisms like board seats, information rights, anti-dilution rights, etc. But you also have almost no influence on the project in terms of governance. New way of running your VC business.

Venture Capital 164

Venture Capital LP Dilution Limited Partner 164