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Can founders limit or exclude ROFR clauses in future funding rounds?

Submitted by angelschool » Mon 21-Jul-2025, 22:07

Subject Area: General

Keywords: right of first refusal clause

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Yes, founders can negotiate to limit or waive ROFR rights in later rounds, especially when larger venture capital (VC) firms come in. However, this must be clearly stated and agreed upon in the investment documents.
https://www.angelschool.vc/blog/right-of-first-refusal-clauseright of first refusal clause


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