I have a brand new tech startup. The system was developed over the period of 1 year, the website is ready and it also already has a couple of customers (non-recurring). The service was launched 2 months ago. We have not even marketed it well, not done SEO either and out of the 4-5 visitors to the page daily, about 1 of them signs up. The visitors generally come through adwords, which is set at a very small budget of just $10 per day.
I have an investor who seems interested to invest about USD 100,000 in it. I am a software developer and I am new to all this. The investor is a marketer and has a very good experience and corporate contacts. He thinks he sees good potential in this service.
My gut feeling is to sell him 20% stake and give him control of marketing with some creative control. But I'm unsure.
Any advice would really help.