The No-Shop Clause: A Critical Component of Venture Capital Deal-Making

Ensuring Exclusivity: How the No-Shop Clause Shapes VC Deals and Protects Investor Interests

Dear Subscribers,

Welcome to the latest edition of the HealthVC newsletter.

Introduction

In venture capital (VC) financing, term sheets and investment agreements include specific clauses to protect both parties’ interests and to facilitate smoother negotiations. Among these, the no-shop clause is a pivotal provision that establishes exclusivity between a V…