Startup Investing

Reserved Matter

Definition

What is Reserved Matter?

A decision requiring special investor, shareholder, or board approval.

Example in practice

Issuing new shares is a reserved matter under the investment agreement.

Keep learning

A preliminary document outlining the main commercial terms of a proposed investment.

A company's agreed value immediately before a new investment.

A company's value immediately after adding new investment capital.

The rate at which a company spends cash, commonly measured monthly.

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