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I wasn't able to find the investment/equity exchange on the about page [0]. Wikipedia [1] says that there is $100k investment from 1 of 2 VC firms. Does AngelPa
by wasd 12y ago
I wasn't able to find the investment/equity exchange on the about page [0]. Wikipedia [1] says that there is $100k investment from 1 of 2 VC firms. Does AngelPad take a piece?
[0]: http://angelpad.org/about/ http://angelpad.org/about/
[1]: http://en.wikipedia.org/wiki/AngelPad http://en.wikipedia.org/wiki/AngelPad
- atomon 12y agoHey - I'm the author of the article. AngelPad's terms are pretty similar to YC's old terms: ~7% in exchange for a small investment, plus a more substantial convertible note.