其实国内的 rmb vc 经常有redemption条款的,有条款和能执行是两回事。
不过另一方面,如果是传统股票市场,go public 之后就大家都是普通股、没有优先股了。确保同股同权。
现在币圈的基金、代币都有很多抽屉的优先协议...对散户很不友好。
没想到给 VC 保本的剧本,真的上演了。
著名公链 Berachain,今早被英文区博主爆料,它们家给联合领投方 Nova Digital(Brevan Howard Digital 旗下的基金),私下有发币后一年内的原地退款权。
该机构,曾在 Berachain B 轮 15 亿估值,投资了 2500 万美元,而现在 Bera 代币市值才 5.5 亿。
所以该机构,可以在瞒着其它所有同轮投资者的情况下,按照原来的 15 亿估值,直接退款。
目前,有另外两家 B 轮的投资机构透露,他们并不知晓这轮的领投机构,有原地退款权。而是跟傻冒一样,真金白银签署了投资协议,并按时等待解锁。
我现在有点担心 Monad 了,领投方也该不会。。

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