Information rights can be broad or specific, but mine are very specific, including all key metrics, board documents, and bank and financial statements. The reason I require these additional rights is because many of my friends will invest in a startup if I do, and I like to be able to help massively if the company gets in trouble. These rights don’t actually give me the ability to control the company—far from it—but they do give me the ability to have more information and a greater level of influence.
