Startup Terms Glossary
What are Information Rights?
Information rights are rights that define specific claims and duties. These rights are based on communication, collection, access, use, and control of information. Information rights can include to the rights to privacy, intellectual property, free expression, and access to information.
Information Rights Examples
Key concepts of information rights:
- Example 1. Forces a startup to provide investors with financial statements and other company information
- Example 2. Provides the opportunity to visit the facility of as startup and allows access to their books and records
- Example 3. Contains provisions that ensure the investor is keeping information confidential
Here’s another web page about information rights.