3
votes
2answers
167 views

What does anti-dilution protection mean in a term-sheet?

My question is in the context of a Term-sheet. I want to know what does anti-dilution preferences mean?
5
votes
4answers
212 views

What is a good range for the legal fees on first round of investing?

We recently closed a first round of investing for 3 million and paid in excess of 150k for our legal fees. We used a reputable firm and were lead to believe that the costs would be around the 50k in ...
3
votes
2answers
345 views

Can you explain this angel Investment term sheet?

My startup received a Terms Sheet from an investor and my co-founder and I are trying to figure out if they are saying that they are going to want 30% of our profits at the end of every year or if ...
2
votes
2answers
548 views

Is sleeping partner considered as investor?

My partner and i are from different countries (1) My partner will fund the startup idea (2) I will be the working partner and the idea will be executed in my home country Please give your advice on ...
3
votes
6answers
628 views

Family money, now how much ownership do I give them?

I received family money to build a prototype. They gave me money with little questions ask, but expect to have some part of the action if the business actually works. My question is, what kind of ...