How much board seat right should you give to an investor in exchange for funding?
Yesterday, met an founder who is running a biz with ₹10 Cr rev
During our discussion, the founder mentioned an investor who was interested but only on the condition o
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Anonymous 3
Stealth • 2m
Some guidelines I give my circle:
Seed round: Observer rights are usually sufficient
Series A: One board seat for lead investor
Series B+: Proportional representation
But most importantly: GET A GOOD LAWYER. These terms matter more than the valuation.
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