Remove Affiliate Remove Capital Gains Remove Open Source Remove Sales
article thumbnail

Series Seed Financing Documents

www.seriesseed.com

Long term capital gains possible for early exit. Specifically it would benefit from a clause nullifying these drag-along rights in case of a proposed sale to a preferred-affiliated entity. My thinking is that if all three constituencies favor the sale, there's probably no need for the standard carve-outs.

Finance 40