TechCrunch+ roundup: PLG handbook, hiring early-stage sales teams, abolishing pro-rata
TechCrunch
MARCH 25, 2022
In a call for industry reform, Kapoor and Chattha suggest replacing pro-rata clauses with performance-based covenants. “A performance-rata clause will look different for each investor on a founder’s cap table. ” It’s time to hold investors accountable and abolish pro-rata.
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