Supermajority Voting

Supermajority Voting is a voting requirement that sets a higher-than-simple-majority threshold (e.g., 66 2/3% or 75%) to approve certain actions, providing additional protection to minority holders or specific classes. In VC and M&A governance, Supermajority Voting is used for major decisions like selling the company or amending key charter provisions, and Supermajority Voting thresholds can materially affect control dynamics and deal certainty.

author avatar
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.