Venture Capital Term Sheets (Part II): Control Rights

Presenters:

Peter Fusco
Partner, Orrick

Samir Bakhru
Managing Associate, Orrick

Categories:

The Company Lifecycle

Presenters:

Peter Fusco
Partner, Orrick

Samir Bakhru
Managing Associate, Orrick

Categories:

The Company Lifecycle

June 26, 2019

Overview

The terms on which you raise capital set you up for long-term success – or not. Pete Fusco and Samir Bakhru of Orrick’s Technology Companies Group share their insights into current market standards and key considerations—such as equity dilution, control rights and other things to look out for.

Practically speaking, the second most important aspect of a term sheet is control rights. Pete and Samir go over the key takeaways for founders and investors alike—including the intricacies of board composition, preferred director rights and various protective provisions.

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