Hi. This is always an interesting question. What are the opportunities that are possible in Romania? I presume the cost of investment is relatively low compared to the UK. What returns do you see there being for investors and in what types of business. Regards. Rick
Just be transparent and if you can, get a formal letter from that former partner about the situation. Things like that happen!
Trust this is resolved by now. A simple search in chatgpt or perplexity can identify multiple SDG impact funds, beyond which your pitch should be perfect. All the best.
Whenever shares (or options) are issued, the language is normally "fully-diluted shares"... and what that means is that you *authorize* the number of shares necessary for all potential [foreseeable] options to vest. You'll need to stop talking "%" and start talking in actual share numbers. Let'...
I dont think the location or type of venue matters much in your ability to pursue and negotiate opportunities for vendors, sponsors and or investors. The easiest to pursue is vendors - in fact most smaller events are paid for by the vendors and sponsorships from local organizations who want to re...
You should never bring anyone on the team unless you feel they are awesome and will add value. I believe the first 12 team members will dictate the success of the company. That being said, you can bring in team members and give them equity that vest over 4 years, so that there is no risk to you...
I've spoken about what seed investors look for in founders here: https://clarity.fm/a/476 I think you're going to have a really tough time raising money for this even *with* significant traction. It looks as though you are blatantly ripping-off Pinterest (even using "Repin") with an unsophist...
Everyone thinks they will be the next big billion dollar company. Ideas are worthless without execution. Part of the equity equation will be based on the founders, their track record and how far along the idea is. Other factors include the market, your timing around fundraising and if you have an...
You may want to look at other lenders and options. See if you can find one that will allow you and your friend to set it up the way you described. Another option is to look for private lenders to fund your deals. Hope that helps!
Wow, this is sort of the penultimate question. I answer this not as a founder, but as a co-founder that watched several other founders and investors wrestle with this dilemma. I've seen the pattern repeat as a consultant as well. It's an issue! The problem with this common situation, is all abou...