Btw owning a minor stake in a company also prevents reduces your voting rights. That's the reason why Elon Musk initially invested his capital in PayPal rather than rasing funds.
Tag Along v/s Drag Along Rights
When drafting agreements, Tag Along and Drag Along Rights are essential clauses that shape how investors and founders navigate ownership changes. Let's break down the impact from both perspectives:
For Investors:
1.
Transfer Rights Clauses in SHAs from an Investorโs Perspective!!
When investing in startups, a well-drafted Shareholders Agreement (SHA) isnโt just a formality, itโs the foundation that protects their financial interests and ensures strategic contro
Sequoia Capโ They have got 25% of the xAI project.
Sequoia Capital's love affair with Elon Musk began in the PayPal days when legend Michael Moritz backed Musk's X.com.
Over the years, their romance blossomed as Sequoia showered Musk's ventures wi
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2 replies11 likes
Tushar Aher Patil
Trying to do betterย โขย 7m
Day 11 About Basic Finance and Accounting Concepts Here's Some New Concepts
Equity, in finance, represents the ownership value held by shareholders in a company. It is essentially the difference between a company's total assets and its total liabili
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0 replies5 likes
VCGuy
Believe me, itโs not...ย โขย 1m
Peak XV's decade long Porter wager turns into a 11x exit.
Last week โ Porter raised $200 M in Series F.
- Peak XV fully exited. Initially invested in a Series A in 2005, with follow-ons in Series B and C.
i). As per reports, Porter held an
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3 replies10 likes
Jayant Mundhra
ย โขย
Dexter Capital Advisorsย โขย 1m
Itโs sad how Urban Companyโs founders are being slandered for selling Rs 780cr worth of shares ahead of the IPO. Cuz, the truth is, THEY HAD NO OPTIONS.
The stocks were sold over the 6-month period from Sep24 to Feb25 to settle a financial obligatio
Daily Recap:
1) IIT Bombay graduates-founded startup Entvin AI raises $500,000 from Y Combinator.
2) OpenAI says it raised $40 billion at valuation of $300 billion
3) SpaceX's 'Fram 2', a 20th century ship goes into orbit
4) Meta's AI research he
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1 replies9 likes
Harsh Dwivedi
ย โขย
Medialย โขย 12m
Top News of the Week:
1. Funding:
- On a weekly basis, startup funding slipped 76.73% to $211 million as compared to around $906 million raised during the previous week.
- Among the growth-stage deals, 9 startups raised $150.84 million in fundin
Top News of the Day:
1. Singapore-based e-commerce platform Qoo10 fires 80% staff
2. WazirX seeking capital to return funds stolen in โน1,965-cr hack
3. Bluesky sees 1 mn new Brazilian users in 3 days after X suspension
4. GlobalBees, a company in
๐๐ฌ๐ ๐ถ๐๐ป'๐ ๐ท๐๐๐ ๐ฏ๐ฒ๐ฎ๐๐ถ๐ป๐ด ๐ง๐ฒ๐๐น๐ฎ - ๐ถ๐'๐ ๐ต๐๐บ๐ถ๐น๐ถ๐ฎ๐๐ถ๐ป๐ด ๐๐ต๐ฒ๐บ:
โข Sold 4 Million EVs in 2024 (Twice that of Tesla)
โข Tesla, Ford, and Toyota fight over its batteries
โข Warren Buffett invested $232M for a 10% stake
How