Andrew Romans, General Partner of 7BC Venture Capital, 3x author, and university professor, talks to VCs, founders and other VC-startup ecosystem players about all things venture capital, startups, entrepreneurship, technology, CVC, and big corporate tech titans.
The one clause most founders forget to negotiate — and the family-office investor who's quietly used it for decades to protect capital and engineer better exits.
Andrew Romans (7BC Venture Capital) sits down with Arthur Bavelas, founder of Family Office Insights, to unpack information rights — the deceptively simple legal provision that decides who gets paid, who gets stuck, and who actually gets to sell their shares.
In this conversation:
— Why information rights aren't just for investors, and how founders can negotiate them for themselves
— The secondary-sale scenario where a missing clause costs founders real money
— How VCs structure Layer 1 vs. Layer 2 SPVs and orchestrate ”final close” tactics
— A Steve Jobs–era story on how transparency rights changed an outcome
— What LPs should ask before they wire
In a market where deal structure quietly decides winners and losers, the people who understand these levers walk away with more. Arthur and Andrew break it down in plain English.
About the guest: Arthur Andrew Bavelas is founder of Bavelas Group Family Office and Family Office Insights.
About the host: Andrew Romans is General Partner at 7BC Venture Capital and author of three books on VC.
7BC European Roadshow this June — Frankfurt, Munich, Zurich, Geneva, Monaco. VCs and LPs welcome: https://www.7bc.vc/events
