Our Co-Head of WPGrow: Start-Up / Venture Capital Kyle Lee, together with Partner Jolynn Lim and Senior Associate Wira Hakim Isa, recently contributed to the article “Fundraising 101: An Overview on Reserved Matters”, published by the Singapore Academy of Law.
As companies grow and attract new investors, ensuring an appropriate balance of governance rights among founders, investors and other stakeholders becomes increasingly critical.
In the article, our lawyers explore the role of reserved matters as an essential governance tool in the context of start-up fundraising and examine the commercial and legal considerations that arise when crafting approval thresholds and structuring decision-making authority. They also share best practices in drafting and negotiating reserved matters, including practical qualifications and evolving market expectations.
Click here to read the full article.