What Does Pro Rata Mean And Why Is It Consequential To The Tech Industry? | Defined | Forbes (Forbes)

Pro rata is a Latin term meaning «in proportion» which is often used in the tech and venture capital world when it comes to deciding on how value in a company is split. Mike Vernal, a partner at Sequoia Capital, explains how it works and why it can be a consequential decision for tech founders.

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What Does Pro Rata Mean And Why Is It Consequential To The Tech Industry? | Defined | Forbes