I don't understand how all these seed funds / angels are selling their equity to bigger funds? I keep seeing people talk about these secondary funds etc but don't most of these deals have: Right of First Refusal / Co-Sale Rights and sometimes Secondary Refusal Rights?
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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