4 ms·
What, in particular, stands out to you? Aside from vesting, everything suggested seems pretty standard to me (for a quality investor, that is).
by jnovek 15y ago
What, in particular, stands out to you? Aside from vesting, everything suggested seems pretty standard to me (for a quality investor, that is).
- mvkel 15y agoSorry, my initial comment wasn't the clearest. What I meant was: if you're raising seed capital, it's very hard, if not impossible, to demand 1X or non-PP for investment funds, because you have zero leverage. Your business model isn't proven, your product is likely conceptual, you're just going on the idea. Very high risk for a VC, so they'll want protection. If we're talking about Series B or C, that's a whole different ballgame.