It depends completely on the legal documents you both signed related to his investment in the company. Those documents will either provide for "information rights" or not. If the documents don't stipulate to these kinds of rights, you are not obliged to show the investor anything.
Without knowing where in the world you are it's hard to name any specific institutions but here are some things I've learned over the years: 1. Don't do business banking virtually. By having a relationship with my local bank officer I was allowed to go over my line of credit limit by $5,000 for 1...
Hi, If you have a good pitch deck and a decent BMC (business model canvas), "all" you need to do is start sending it to investors. There are lots of free, online lists on the internet. The problem isn't finding them, it's making sure that you send the right pitch deck, the perfect emails/contact...
Hi I know you need start up funding and your best bet is to borrow capital or to partner with someone. While there are advantages is getting yourself out there real fast, there are still some pros and cons. I would suggest the following: a) Sit down and do a business plan or a projection for the ...
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...
I would look to see what stage you're at as a start. I've ben through this many times. 1. First study the VC and the partner 2. See what else he has invested in 3. They may be looking to round up their vertical with something similar or to acquire smaller players. If you're not a competitor, ...
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.
Hi, The first step to getting the right feedback for your pitch is to find the people who you think are qualified to comment in the field. In terms of expertise, you should look for these: -Previous experience / involvement in startups -Experience or involvement in VC's or Seed Funds -A startup ...
When you state a % you are being pragmatical, but if you are rasing a convertible note valuation might not be so clear you will then be defining a cap and a discount. Silicon Valley VC's want to understand more what your burn rate is for the next "x" months and what would be your next funding or...
Go to city hall. There will be a desk for development...what name it is, well, that will change depend on the municipality. Talk to the staff and tell them what you want, and they'll send you to the right place. You want to talk to engineering and development staff and ask them who the best deve...