Well, I wanted to write "Meh", or "Not really", but it wasn't too bad for a reality-show format (fake tension etc.)
Big take-aways were:
- seeding: 75-80k UK pounds for 10 - 20% of the company - dilution of investor's stake in later rounds: be clear on whether this will happen or come out of founders' share - clarity of requirements: there mustn't be holes in the reason why money is required
Well, I wanted to write "Meh", or "Not really", but it wasn't too bad for a reality-show format (fake tension etc.)
ReplyDeleteBig take-aways were:
- seeding: 75-80k UK pounds for 10 - 20% of the company
- dilution of investor's stake in later rounds: be clear on whether this will happen or come out of founders' share
- clarity of requirements: there mustn't be holes in the reason why money is required