The short answer here is that this is very situational stuff and not necessarily something you can have completely planned out in advance. If you've already incorporated (c-corp) then you'll have authorized shares and issued shares (see http://startuplawyer.com/incorporation/how-many-shares-shou...
Having been in the position as an advisor, this is what I think an advisor expects: a. Equity Ownership. This depends upon how much involved an advisor into the start-up. b. A flat fee and a percentage pie on every transaction the stat-up makes(Not the profit margin) c. At my early stage, all I ...
I'll provide a generalized answer to the question with the caveat that there is somewhat of an exception with Israeli companies but even there, it's more of an exception than a normative behaviour. Angel investors are likely to invest anywhere in the world wherever there is an amazing company wi...
Mark is wrong. I personally know of a handful of companies in that exact same situation and most importantly that have good traction and the cap table NEVER came up once, and each of these companies have raised in excess of $1m in seed funding from great investors this year. Especially if your ...
I vehemently disagree. I would recommend not following-up with any angel investor who asks you for a business plan. You yourself should be able to credibly articulate how you envision the next 12 months unfolding and especially how you intend on spending the money you raise, but that's about it...
Try Google For Startups, StartUp Weekend, and Amazon Web Serices for Small Business. Good luck :)
2 thoughts (as I've invested in and been part if a few real estate development projects). 1 - ask around and try and find friends who know people in the industry and ask for an intro. Don't go in asking for money, ask for advice - it works way better. 2 - search on Clarity for people who live ...
The only due diligence a good angel will do are any of the following: 1) Ask anyone who they know that also knows you what they think of you; 2) Use your product to whatever extent possible. 3) Look at what others have invested in that may be competitive. 4) Talk with others who have failed with ...
The technical legal answer is unless your subscription agreement or convertible note allowed for some type of rescission right, a contract was formed when he executed the subscription doc that generally can't be unilaterally rescinded. From a business and relationship standpoint, you may want t...
Having done over 35 different financing rounds over 7 companies I've built in Silicon Valley - you should be giving up 15%-25% dilution in each round with a plan to never raise beyond a Series-C. Investors get equity for money invested, don't start doing "special deals" or it could poison the we...