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A version of this happened to us - we played the role of Investor B and I became a director of the company. It was a very easy no. Our fund does not charge an
by lancewiggs 10y ago
A version of this happened to us - we played the role of Investor B and I became a director of the company.
It was a very easy no.
Our fund does not charge any fees to companies - no legal fees nor director fees. This way we align with the company on trying to minimise transaction and on-going costs for all parties.