The Backchannel

TBC: Side Letter Warning

Jason Yeh
August 17, 2023
5
 MIN
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Side letters are not only more complicated than they seem but dangerous to your fundraise if not properly managed.

Side letters, often accompanying standard agreements like safes, may seem harmless at first but can include onerous clauses like pro-rata rights.

In this episode Jason emphasizes the importance of early negotiation and proactive communication to safeguard founder interests.

Tune in to protect yourself from this common challenge in the fundraising world.

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Episode Transcript

If you enjoy Funded, please rate & review on Apple!

Listen on Apple Podcasts