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Ask an Angel with Zach Coelius: practical advice for founders and investors in a downturn | E1512
This Week in Startups
Should You Give in Prorata?
As an investor, i take a very simple approach. We own over five %, we get a board observer seat. We have prorata. If you cut me out of the rtome that i've been in from the beginning, like that's got. I am no longer working for this business. And so if you're free ridingke, if you'e an angel and you come on board, d you rit a check, and then you just, ye're done. You're not helping at all. Well, you shouldn't get any more allocation. That's basically where i've wound up, what ithink is fair. And i make it an option
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