Great question! It is common for investors to take their pro-rata rights in later rounds. Overview of prorata I found from a quick google search: https://both

Great question! It is common for investors to take their pro-rata rights in later rounds. Overview of prorata I found from a quick google search: https://bothsidesofthetable.com/what-all-entrepreneurs-need-to-know-about-prorata-rights-e5883fd21f80#.1hma1rc1l https://bothsidesofthetable.com/what-all-entrepreneurs-need-...