HackerTrans
TopNewTrendsCommentsPastAskShowJobs

urcturpurs

no profile record

comments

urcturpurs
·6 mesi fa·discuss
Structure it as an X for Y thing for a % of equity vs how much the bring in.

Does 5% cash comp mean they’re going to get 5% of the raise amount? No VC would be ok with 5% of their investment going str8 to a middleman - if they find out.

That’s coming out to maybe 2-3 months of your runway gone immediately.

Beyond that the CEO of the startup is responsible for raising capital - you must build that skills from the beginning.

(Raising $2m on a $10m cap safe is not too hard if you’re serious about it and have some interesting insight)