3 ms·
That is the point. The gamble. I want to offer as low a risk to the investors as possible at the cost of supporting me "full force" sort-of-speak should I make
by QFV 6y ago
That is the point. The gamble. I want to offer as low a risk to the investors as possible at the cost of supporting me "full force" sort-of-speak should I make significant progress within three years.
- quickthrower2 6y agoAh I see. My main issue is say you get to 10m then they have to invest 10m but what if you don’t need the money? Or is it more about their skin in the game? What if you only do 500k but strategically you could do with 10m because of a pivot? But now you’ve given away the equity so it’s harder to raise?
- QFV 6y agoFor this particular venture there won't be a pivot. It is cut and dry. One thing and one thing only. If the money is not needed, it becomes reserves for the corporation. Part of it might go into research. Given the sector of this venture research of a very particular kind is required, so cushion money can be well allocated over time as needed for these research efforts. What I want is security in a very specific form. Namely, that should things go well capital shall be plentiful and available. I do not want to worry about this.