Follow On Strategy

A Follow On Strategy is an investment approach that defines how a fund reserves capital and chooses whether to invest additional dollars in portfolio companies over time. A well-articulated Follow On Strategy clarifies pacing, target ownership, criteria for doubling down, and how pro rata rights and dilution are managed across rounds.

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Ryan Roberts Startup Lawyer
Ryan Roberts is a startup lawyer with more than two decades of experience advising on venture financings and M&A transactions totaling more than $1 billion. He is the author of the Amazon bestselling startup law book Acceleration.