Sent from my iPhone
On 01/10/2009, at 11:59, Isaak <isaakd...@gmail.com> wrote:
>
> So here's the story. Im now to the stage of having a product or idea,
> and about to get it further developed and bought into the light, I
> have found someone to help fund it, but what I can't decide on is the
> split of the company...
>
> That is I want to give them a percentage of shares of the company in
> exchange for their funding it. Talking to someone else who is in a
> similar position they are in for 85/15 split, but his situation is
> slightly different to mine, in that it involves close family.
>
> My financier wants it (understandably) closer to 50/50, but I want to
> keep control of the company and it's direction.
>
> The other point I want to consider is, if in the case that the website
> does take off and I need to go back and ask other parties for funding,
> how do I build that into our thinking. I want it 'future proofed'.
>
> Any ideas/experiences etc.
>
> Look forward to hearing from you all!!
>
> Cheers, Isaak
> Perth (although will be in Melbourne with time to kill on Friday
> afternoon if anyone is around :)
> >
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