Yesterday, renowned investor Fred Wilson of Union Square Ventures observed in a blog post that fewer founders in today’s go-go market have been honoring what are called pro rata rights, or the right ...

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 ...

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.

BOSTON (CN) — A popular Maine law that forces cable companies to give a pro-rata refund to TV customers who quit in the middle of a month was upheld Tuesday by the First Circuit. Although the 1984 ...

Despite reportedly inking new deals with both ESPN and Fox, the Big 12 isn’t shutting the door on expansion. Per The Athletic’s writeup of the contracts, both contain a pro rata clause in the event of ...