Monday, October 23, 2006

Raising Money From Informal Investors (Entrepreneur.com)

By Asheesh Advani, President and CEO of Circle Lending (backed by Venrock and Intel Capital).

  • Don’t give pro-rata rights to your first investors.
  • Avoid giving too many people the right to be overly involved.
  • Beware of any limits placed on management compensation.
  • Request a cure period.
  • Restrict your share restrictions.

0 Comments:

Post a Comment

<< Home