If it’s an ugly situation, VCs can play hardball. For instance, if another investor is squeezing them (or squeezed them in a prior round) this can be their way

If it’s an ugly situation, VCs can play hardball. For instance, if another investor is squeezing them (or squeezed them in a prior round) this can be their way of getting back at them. It’s one reason to be very careful who you give veto power to. Is this VC also an investment bank or Private Equity firm? Those businesses are much more likely to tack on fees.