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Deal Terms & Legal

Information rights

An investor's contractual right to regular financials and updates from the company.

Why it matters

Standard and reasonable — but agree a sensible cadence so reporting doesn't swallow a small team's time.

Hear it from people who've done it

Get the real-world version of "Information rights" drawn from hundreds of conversations with founders and investors.

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Episodes on Venture Capital

Why Australia Has More AI PhDs Than Anywhere | First Cheque

First Cheque with Cheryl Mack & Maxine Minter · 28 September 2026

Why Australia Has More AI PhDs Than Anywhere | First Cheque
Mick Liubinskas' Investment Thesis

Investment Thesis with Kali Norman · 18 September 2026

Mick Liubinskas' Investment Thesis
Trust Over Likability: How Charles Hudson Built a 450-Company Portfolio

First Cheque with Cheryl Mack & Maxine Minter · 31 August 2026

Trust Over Likability: How Charles Hudson Built a 450-Company Portfolio
All Venture Capital episodes →
Related terms

Term sheet

A short, mostly non-binding document setting out the key terms of an investment before the long-form legals.

Board seat / observer

A right to a seat (and vote) on your board, or to observe without voting.

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