2min chapter

ACQ2 by Acquired cover image

VC Term Sheets

ACQ2 by Acquired

CHAPTER

Major Purchasing - Is That Really the Threshold?

Major purchasers is a negotiated term, and typically goes exactly as you said. This is saying that anybody who is a major purchaser is the threshold to define here. If it's mostly individuals coming in, below that, i've said it so that pretty much everybody has those rights. So this is much more important in practice than financial information participation,. Or often called a prorate rite.

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