Comment on Pro rata is a bad term for foundersparentComments−drinkzima4yYep, odd is probably the wrong word, I just find the specific transferability term egregious.−JumpCrisscross4ythe specific transferability term egregiousWhy? It has to do purely with the fund's internal structure. Affiliate transfers shouldn't have any material effect on a company. Withholding automatic affiliate transfers would be the company creating needless work for itself.
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Yep, odd is probably the wrong word, I just find the specific transferability term egregious.
Why? It has to do purely with the fund's internal structure. Affiliate transfers shouldn't have any material effect on a company. Withholding automatic affiliate transfers would be the company creating needless work for itself.