How does a VC keep track of his/her investment?
Posted by David S. Rose on August 24th, 2014
Professional investors typically have a range of information rights that they negotiate for when making an investment. While not every investor will have every right (or every right with the same frequency), the types of things we’re talking about include:
- Seat on the Board of Directors
- Non-voting Board Observer Seat
- Monthly, quarterly or annual financial statements (audited or unaudited)
- Monthly, quarterly or annual narrative management reports
- Annual budgets
- “Information rights” (the ability to come into the office and ask questions and view documents)
*original post can be found on Quora @ http://www.quora.com/David-S-Rose/answers *
(No tags for this post.)Written by David S. Rose
David S. Rose
Founder and CEO,Gust
David has been described as "the Father of Angel Investing in New York" by Crain's New York Business, & a "world conquering entrepreneur" by BusinessWeek. He is a serial entrepreneur & Inc 500 CEO who chairs New York Angels, one of the most active angel investment groups. David is also CEO of Gust.
Gust is the world’s largest platform and community
for entrepreneurs and early stage investors.
Gust
Gust is the world’s largest
platform and community
for entrepreneurs and
early stage investors.
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