Quote:
Originally Posted by Phoenix
one issue im running into now..is that people say to send over our business plan
im guessing it is wise to have them sign an NDA before doing so?
anything else??
Beuller?
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VC's will rarely sign an NDA..
VC's are sharks and will take is much of your company that they can and unless you have legitimate valuation of a company, you are going to get raped..
I would go private investor route if you can find one and offer a repayment option in exchange for stocks..
meaning, i want $500,000 for a business. That may be worth 40% of ownership to an investor. We write an agreement that states if i pay the investor back $750,000 in 12 months the investor will return his shares.
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