A right of first offer (also known as a pro rata right) in a startup financing setting gives the startup's major investors the right (but not the obligation) to participate in subsequent funding rounds to maintain their percentage ownership in the startup.
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The Ultimate Guide to Raising a Priced Round for Startups
Discover essential strategies for raising a priced round in our guide for startups. Learn how to avoid common pitfalls and secure the funding your company needs to scale.
