Sign up to join our community!
Please sign in to your account!
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
I’ll give you the $200,000 as Venture debt here’s how it works I’m going to ask you for 6% of everything you sell until you’ve returned me $800,000 okay exactly what I would do and then it goes away it’s gone and I want 3% equity for providing this facility you can counter if you think that’s unfair or you may find a better deal and give up more Equity I don’t so I’m quadrupling the amount of money that you give me and in exchange you’re keeping 3% my company is that right [Music]
