Prorata Rights

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Prorata investment rights give investors the right to invest in a startup’s future fund-raising rounds and maintain their ownership percentage in the company as the company grows and raises more capital.

Erlich kept his Prorata Investment Rights in Grindr allowing him to keep his 10% share as more investors started also investing their money on the application.

Added by yungsnuggie yungsnuggie about 7 years ago