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jsprogrammer
on July 22, 2015
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Pro Rata
No terms available?
loumf
on July 22, 2015
[–]
The terms are usually the same: invest at the new round's valuation such that ownership percentage is maintained. They will only follow, so the valuation will be set by others.
jsprogrammer
on July 22, 2015
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parent
[–]
Would be nice to see it in writing instead of assuming it's 'the usual'.
loumf
on July 23, 2015
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root
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[–]
http://www.ycombinator.com/docs/Series_AA_IRA.docx
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