3 ms·
"- access to any material non-public technical information of the company;" wouldn't that cover more or less any relevant investment in a startup?
by ThomPete 8y ago
"- access to any material non-public technical information of the company;"
wouldn't that cover more or less any relevant investment in a startup?
- JumpCrisscross 8y agoNo. Many private companies routinely disclose much less to investors [1]. Technical information rights go beyond standard and statutory investor information rights, and are typically reserved for strategic investors, knowledgeable lead investors and board members. [1] https://www.reuters.com/article/us-palantir-technologies-lawsuit-idUSKCN1G62NK https://www.reuters.com/article/us-palantir-technologies-law...
- ThomPete 8y agoI am not so sure that's correct in reality. Maybe technically but not in reality especially not for small startups.