A lot of good information in this thread; the only bit I would add is that this is a grant and not standard equity-trade funding like you would find the valley.

A lot of good information in this thread; the only bit I would add is that this is a grant and not standard equity-trade funding like you would find the valley. So $50k in cash as opposed to $50k of investment for 33% of your company can be two very different things. FWIW, half my family is from STL and there is definitely a difference in culture between the west coast and mid-west.