The answer -> http://textrhino.tumblr.com/post/19492822693/apportioning-equity-how-we-answer-the-age-old
Don't take no for an answer. If you believe in your app, then ask for investors. Start small and you can ask for more later. Spend as much time as it takes to come up with answering this question..Why would I buy your product or service? This will give you your USP. From there you will develop ...
I think that's a hard question to answer in the abstract without knowing the extent of your IP, the relative market potential for the product, your desire or need for institutional investment, and the relative contributions of your future potential partners. Have you considered a dynamic equity s...
Simple answer. Assign the ownership of the patent prior to closing any investment that is sufficient to market validate your invention. Investors will require an absolute assignment of ownership of any intellectual property. Given that you don't actually have a patent yet, you will be doing a ...
There is nothing more harmful to a good idea than other ideas. By that I mean, the inability to decide which idea is worth pursuing over others, causes each idea to suffer when trying to distribute resources in support of more than one concept at a time. Your question presumes that the most imp...
The contract is governed by the state in which the "Subject" of the contract will operate If the Subject should change operating location then the governing body changes. This applies to state laws of course, but not federal laws for obvious reasons.
The only due diligence a good angel will do are any of the following: 1) Ask anyone who they know that also knows you what they think of you; 2) Use your product to whatever extent possible. 3) Look at what others have invested in that may be competitive. 4) Talk with others who have failed with ...
There are some market-research companies which have very detailed sector specific knowledge. Thus, they are not freely available for consumers. Here are a few to get you started: http://www.mintel.com/ https://www.marketresearch.com/ https://www.marketresearchreports.com/ https://www.ibisworld.c...
It is very hard to give actionable feedback without more details. You asked about creative, "unseen" opportunities on your balance sheet. Also make a list of things you and the team, or your product, are good at. A great example of this is the story behind Slack, it was just an internal commun...
I have built multiple teams including bringing on cofounders, and being brought on as a cofounder. I also once brought on a cofounder who was responsible for doing the legal/financial/accounting. I wouldn’t do that again (we’re still great friends - just not enough value). I hope my experience ca...