lol英雄联盟数据统计

Learn more about common financial (and startup) terms here. To learn more about Pilot, fill out the form below.

Oops! Something went wrong while submitting the form.
Glossary
  >  
Right of First Refusal (ROFR)

What Is Right of First Refusal (ROFR)?

The right of first refusal (ROFR) can give a company or VC investor priority to purchase shares that a shareholder—such as a founder or employee—wants to sell. 

As a founder, you may want to keep these provisions in mind. If you want to sell shares to a third-party, you may need to offer them to the company and your investors first. And if you have multiple investors, they may be able to buy them on a pro rata (i.e., proportional) basis based on their current holdings.

While the ROFR doesn’t prevent someone from selling shares, it could lead third parties to shy away from making an offer in the first place.

Sign up for Pilot Bookkeeping

Signing up for Pilot is easy. We think once you experience truly stress-free financial processes, you won’t want to go back.

Oops! Something went wrong while submitting the form.
Close icon

Let's get in touch

Our experts can help you find the right solutions. Please provide a bit of information and we’ll be in touch.

Let's book a time to connect

Oops! Something went wrong while submitting the form.