[thruflo22]

This is very interesting and it strikes me that things could be more balanced if pro-rata rights decayed if the investor is not active.

So similar to vesting for rights — a founder / employee needs to continue to be active to continue to vest. Ideally an investor could continue to be active to continue to exercise pro-rata.

It’s pretty hard to enforce / codify “active” for an investor though and could just result in time wasting by pretending to be involved helpful when just coasting. Was that intro genuine or just designed to protect the pro-rata?