3min chapter

This Week in Startups cover image

Understanding Secondary Market Transactions with Becki DeGraw | Wilson Sonsini Startup Legal Basics

This Week in Startups

CHAPTER

The Importance of Transfer Restrictions in Venture Firms

As long as stockholders approve it so right like if if you if you put that type of transfer restriction in place on day one all the stockholders will be bound by it but not a lot of people do that. Some known large endowments type entities have done this in the pastYeah most likely right again always got to check the documents that you signed you know to see what restrictions are on them and I think that's what happened in this hypothetical company was some of us who got in very early had a lot more freedom than people who came in later, he said.

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