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When you say that you offer an investment based on default terms and in the next paragraph you say you also continue to make investments at later stages and at
by gizmo 13y ago
When you say that you offer an investment based on default terms and in the next paragraph you say you also continue to make investments at later stages and at different valuations then people have no reason to assume that those investments are mutually exclusive.
- jber 13y agoWe are investing only once in startup or via Kima15 or via many type of deals through Kima Ventures We are never reinvesting in one of this deals.
- gizmo 13y agoArgh... I'm saying the phrasing is unclear. Bad communication. If you don't reinvest in any deals then that should be mentioned clearly in the FAQ. Right now it isn't. Second example: > Will you consider my business if we are later stage (higher valuation)? Answer: > Kima15’s standard offer allows us to make decisions and close investments very quickly but we realise [sic] that not all companies will be at this specific stage so we also continue to accept submissions via Kima Ventures This implies that yes, you do invest at a later stage. But the next sentence goes: > We do still only invest at the earliest stages... Which implies the opposite: that only early stage investments are an option. So although I like the idea of Kima15, some extra proofreading wouldn't hurt.
- jber 13y agoOk. Thanks a lot. We are trying to make it clearer
- andrewaylett 13y ago"Realise" is the standard non-US spelling, so it's appropriate for a not-US-specific FAQ.
- clarky07 13y agoI thought it was perfectly clear when I read it. If you are already at a later stage or want more money or a different valuation, this other part of the company is still into normal VC stuff. However, if we invest in you in this program we will not do another later investment to avoid signaling issues.