2 ms·
Can this be applied retroactively?
by cdelsolar 11y ago
Can this be applied retroactively?
- devNoise 11y agoI don't think so since the pro rata wasn't in their "standard investment documents". Thus YC doesn't have a clause that allow them maintain their 7% in future funding rounds. Trying to maintain 7% on previous YC alumni, may caused the mixed signals they are trying to avoid with this change.