network profile
| bio | website | |
|---|---|---|
| location | ||
| age | ||
| visits | member for | 7 months |
| seen | Dec 30 '12 at 19:49 | |
| stats | profile views | 5 |
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Dec 30 |
asked | What compensation should a start-up give to a contact that facilitates an exit? |
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Nov 6 |
awarded | Scholar |
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Nov 6 |
accepted | Can you get a convertible note and then not going for a series A round? |
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Nov 6 |
asked | Can you get a convertible note and then not going for a series A round? |
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Nov 6 |
comment |
Do investors run away from entrepreneurs that have interests in 2 start-ups at the same time? Hi Jeremy, thanks for asking. Moving very slowly ... We, unfortunately, have not found an agreement with the CEO of startup2 who would like me to have more involvement than I thought in startup2. So, still in step1... thanks |
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Oct 23 |
comment |
Consequences with investors if company doesn't meet agreed milestones Thanks Alexandre. So, as far as I can derive from the comments and answers, it really depends. Sometimes, milestones are not included in the deal terms (like in Alexandre case), other times there are milestones framed in terms of actions (as explained by frenchie) , and other times there will be milestones framed as results that will specify the consequences (as mentioned by TimJ) |
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Oct 19 |
comment |
Consequences with investors if company doesn't meet agreed milestones Thanks Alexandre. So, your revenue projections were part Of the business plan to help convincing investors of your business. However your deal didn't have any milestones with clawbacks or provisions. Is that correct? Cheers |
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Oct 18 |
comment |
Consequences with investors if company doesn't meet agreed milestones Thanks for your answer frenchie. Are milestones commonly asked? |
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Oct 18 |
awarded | Supporter |
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Oct 18 |
comment |
Consequences with investors if company doesn't meet agreed milestones The example I refer to is the case of an early stage startup bootstrapped to date. The company gets 1M of investment from VCs and sets 5M profit in year 3 as milestone. My question relates to the consequences of not meeting that milestone but still being profitable and growing. Thanks |
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Oct 18 |
comment |
Consequences with investors if company doesn't meet agreed milestones Yes, you are right. It was quite generic...editing now... |
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Oct 18 |
asked | Consequences with investors if company doesn't meet agreed milestones |
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Oct 14 |
comment |
Do investors run away from entrepreneurs that have interests in 2 start-ups at the same time? So, basically, this is the plan. First, to get an agreement of mutual understanding between the 2 start-up co-founders about commitment, expected involvement... Second, to go to the potential investors of startup 1 and describe the situation with complete transparency. If they are not happy with it, reevaluate the situation. Thanks Jeremy! |
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Oct 14 |
comment |
Do investors run away from entrepreneurs that have interests in 2 start-ups at the same time? Thanks a lot for your informative reply Jeremy. I can see some room for working a solution out to keep all investors and startup founders happy. |
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Sep 28 |
comment |
Do investors run away from entrepreneurs that have interests in 2 start-ups at the same time? Thanks mojsilo. Knowing their view on this would be great. The problem is that both start-ups are going to be approaching many VCs independently to get funding. Thus, I would not like to take the risk of one of the 2 startups approaching a VC I previously contacted for advice on this issue. Thanks!!!! |
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Sep 27 |
awarded | Student |
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Sep 26 |
asked | Do investors run away from entrepreneurs that have interests in 2 start-ups at the same time? |
