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Thank you. I will take any advice i can get. I have to make a decision like this week. ;-) merit of his investment is he expects an ROI or a piece of sales OR b
by adamqureshi 8y ago
Thank you. I will take any advice i can get. I have to make a decision like this week. ;-) merit of his investment is he expects an ROI or a piece of sales OR both. I'm not sure i understand the part of the equation vs the whole equation. :-(
- jprocopio 8y agoSo if you think of $250K as the cost to get the business to sustainable, then $60K is part of it, a bunch of your own money is part of it, and your sweat and and anyone who works for you for equity is another part. Think about time too. It could be $250K up front sourced by investors, or $250K over 3 years combining all the sources. Or somewhere in between. There is nuance. Good luck!
- adamqureshi 8y agoThank you! I really appreciate it.