WSJ Pro Venture Capital Interviews Gunderson Dettmer Partner Melissa Marks for “VCs Love Pro Rata Rights. Should They?”

Gunderson Dettmer partner Melissa Marks spoke with WSJ Pro Venture Capital about pro rata rights in venture capital investments and how they shape negotiations over investor allocations in follow-on financing rounds.

Marks explained that while pro rata rights are included in the vast majority of initial investments, most investors don’t receive their full pro rata allocation in subsequent rounds. “Having a right to begin with creates some additional leverage as the baseline of where these negotiations start,” she said.

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