Thanks David for the info on D&O.
So you've felt the pain. That's good....in a perverse kind of way.
Yes, a SaaS version is possible and maybe even a stand-alone hand-held
version. Still pre-product prototype, but it works, which is good.
Malcolm


On Sep 27, 12:06 pm, David Jones <david.jo...@gmail.com> wrote:
> Having recently built a few sandstone retaining walls this would have
> been very handy - could you do a SaaS version with a iPhone/Android
> client? :)
>
> re:D&O
> D&O is the standard method. Its normal for investors to write D&O
> requirement into a term sheet anyway (if they take a board seat) so
> you could defer it until the funding closes. If your friend is
> concerned about exposure prior, then perhaps he can just be an
> "advisor" and convert to director at that time.
>

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