Venture Deals · glossary

Allotment and transfer

The two ways to come to hold shares. In an allotment the company creates new shares and keeps the money, while in a transfer a holder sells existing shares and the seller is paid. Every Solaris round was an allotment, and the final sale was a transfer. Clause 6 · Chapter 2

Explained in Chapter 2, Founding a Company, of Venture Deals.

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