The rules of pro rata: VC-founder fights have a fight-club code of silence

Danhightower · x · 2026-10-12

A Fight Club-style riff on pro rata rights: rule one, do not talk about pro rata issues online; rule two, do NOT talk about pro rata issues online; rule three, if the founder or VC yells stop, goes limp or taps out, the fight is over. Satire of the unwritten silence code around VC-founder pro rata fights.

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