3 ms·
Vc2 doesn't bother putting the effort in to negotiate the deal because he knows vc1 can steal the deal as soon as he has validated it.
by rdl 10y ago
Vc2 doesn't bother putting the effort in to negotiate the deal because he knows vc1 can steal the deal as soon as he has validated it.
- drfuchs 10y agoIf VC1 chooses to steal the deal, then VC2 underbid on the valuation, no? Plus, even without any ROFRs, there are bidding wars all the time (between VC2 and VC3, say, where neither has a chunk yet).