What kind of product is it?
What kind of product is it? A consulting business isn't really worth what you are proposing -$300k a year with a valuation of > $1m. If I am understanding you right, if you invest $100k into the company, they would use that money to just pay back your consulting fees right? Why not have them compensate you outright stock and forgo cash compensation? It seems like a waste of time to put cash into the company and then pull the cash back out. Also if you are concerned with them not raising the funding you could just make your investment contingent on the raise. Basically say to them "assuming that we can get this round done, I'm in for $100k". As an entrepreneur I hate this (makes me think you are betting against the company) but I could be persuaded if you picked up the axe and charged into battle with me. So make sure that if you do this you are busing ass trying to make the round happen.
Posted by js4 on Feb 20, 2015, 7:37 PM
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- I also have a 2014 CR-V and I hate this too.
- I wish there was a setting to make audio and video opt in per site.
- There sure are.
- I feel like it's once a week that HN surfaces some incredibly overhyped, low-on-the-hierarchy-of-evidence ( https://en.wikipedi...
- That usually works well enough for risc code.
- > The Bulletin calls her Miss Swindell.
Raise real-world problems, find people facing the same issue, and discuss solutions.8,000 issues0 comments
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I also have a 2014 CR-V and I hate this too.
NewI wish there was a setting to make audio and video opt in per site.
NewThere sure are.
NewI feel like it's once a week that HN surfaces some incredibly overhyped, low-on-the-hierarchy-of-evidence ( https://en.wikipedi...
NewThat usually works well enough for risc code.
New> The Bulletin calls her Miss Swindell.
NewI wish there was a way to sort by recency, if i'm mainly interested in finding obscure gems from like last 6 to 12 months of ai and tech ...
Android work profiles allow you to run multiple isolated copies in parallel - with separate address book and all.
What kind of product is it?
What kind of product is it? A consulting business isn't really worth what you are proposing -$300k a year with a valuation of > $1m. If I am understanding you right, if you invest $100k into the company, they would use that money to just pay back your consulting fees right? Why not have them compensate you outright stock and forgo cash compensation? It seems like a waste of time to put cash into the company and then pull the cash back out. Also if you are concerned with them not raising the funding you could just make your investment contingent on the raise. Basically say to them "assuming that we can get this round done, I'm in for $100k". As an entrepreneur I hate this (makes me think you are betting against the company) but I could be persuaded if you picked up the axe and charged into battle with me. So make sure that if you do this you are busing ass trying to make the round happen.
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