New answers tagged investors
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I think this is your current situation: You want to raise 50k total this round. One investor is offering %25k for 5% (not sure if pre or post-money, but doesn't matter) He hems and haws about dilution (like many investors who are either inexperienced or sharks) You still need another $25k You offer him this: $25k in exchange for the 5% equity today A ...
You should hire your own lawyer. But paying your own lawyers and your investors legal bills, is normal.
The terms are up to you and the investor. The investor is looking for a return on their money as quickly as possible, and a way to make a profit after that. There are a lot of things to consider, such as do you want someone to just feed you money and you continue doing all the work? Are you looking for a strategic partner to help with the logistics/etc? ...
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