Lee Edwards, partner at Root VC, has a saying at his firm that “pro rata rights are earned, not given.” That may be a bit of a stretch since pro rata refers to a term that VCs put in their term sheets ...

Q. Hi Dan. In your last column you wrote about “… a rather infamous provision dubbed the ‘pro-rata rule.’” One of my IRAs is non-deductible, so I need to know what that is and why it’s infamous. Can ...

Whenever pro-rata rights are involved, you can always smell some drama. When a company raises a financing round, new and old investors often battle it out for the largest stake they can get. While ...

With rumblings growing about the Big 12 possibly adding Gonzaga, some extra context has been reported about the pro rata clause included in the conference’s new media rights deals. First, as reported ...

SAN FRANCISCO--(BUSINESS WIRE)--Cathy Yanni, Trustee of the Fire Victim Trust (FVT), announced a pro rata payment increase from 45 percent to 60 percent effective January 31, 2023. This increase was ...

Pro rata rights give early investors a place in later funding rounds and protect against dilution. Nearly 95% of pro rata rights go unused, often because investors lack the capital to exercise them.

PHILADELPHIA (CN) — A New Jersey cable company urged the Third Circuit on Thursday to affirm a ruling that says the state tramples federal law with a regulation that would make it refund customers a ...