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Venture capitalists investing in a Japanese company usually prefer to structure their investments like a typical Silicon Valley financing -- using terms that afford them a degree of control over the portfolio company. But those who invest in Japan should understand how the Japanese system and legal requirements differ from those in the U.S. VC's may be surprised to discover they've ended up negotiating for rights that may ultimately be unenforceable in Japan.
March 23, 2005 at 12:00 AM
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