3 ms·
Not what you're looking for, but strong recommendations: 1) Find your co-founder first. Much better for your negotiating position going forward. You may have
by siegel 9y ago
Not what you're looking for, but strong recommendations:
1) Find your co-founder first. Much better for your negotiating position going forward. You may have a harder time bringing in a co-founder if your stock price is impacted by the funding.
2) Always have potential investors sign NDAs before you disclose anything remotely confidential. They expect it. And they will take you more seriously.
3) Be picky with equity. Be somewhat arrogant about retaining control. That IS the long-term view a founder should take at your stage.
I'm happy to discuss in more detail by email. But you need to get certain ducks in a row to make it sensible to take on funding.