Craig, +1 on what others have said.
There are some real "predatory investors" (particularly in Sydney at the moment; trust me i know! :) - not sure if you are referring to one of them, but be very careful - from this deal, based on what is suggested, just walk away... even if you gave them 30% for decent money - their initial offering has highlighted their thoughts, and they will try to get control from you via board seats and other means. I have seen some real pieces of work recently that call themselves "investors" - be very very very very careful about what they "market as their capability" vs their actual "ability" - due diligence on investors is 10 times more important than investors doing due diligence on their potential investees! To them, you are just another/portfolio investment, to you, they are growth giving entities to your business - NEVER underestimate the amount of due diligence you need to do on your potential investor. simran. On Sun, Feb 24, 2013 at 1:03 PM, hoops <missingmatt...@gmail.com> wrote: > On more thing... > > "While I have no doubt they could pull off what they say" - i would have > doubts. You need to approach it the other way round. This could be the > result of a smooth sale to you. What they say, and what they end up doing > is 99% time not what you expect - a combination of what they do and then > HOW they do it. > > -- > -- > You received this message because you are subscribed to the Silicon Beach > Australia mailing list. Vist http://siliconbeachaustralia.org for more > > Forum rules > 1) No lurkers! It is expected that you introduce yourself. > 2) No jobs postings. You can use http://siliconbeachaustralia.org/jobs > > > To post to this group, send email to > silicon-beach-australia@googlegroups.com > To unsubscribe from this group, send email to > silicon-beach-australia+unsubscr...@googlegroups.com > For more options, visit this group at > http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en > > --- > You received this message because you are subscribed to the Google Groups > "Silicon Beach Australia" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to silicon-beach-australia+unsubscr...@googlegroups.com. > For more options, visit https://groups.google.com/groups/opt_out. > > > -- -- You received this message because you are subscribed to the Silicon Beach Australia mailing list. Vist http://siliconbeachaustralia.org for more Forum rules 1) No lurkers! It is expected that you introduce yourself. 2) No jobs postings. You can use http://siliconbeachaustralia.org/jobs To post to this group, send email to silicon-beach-australia@googlegroups.com To unsubscribe from this group, send email to silicon-beach-australia+unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en --- You received this message because you are subscribed to the Google Groups "Silicon Beach Australia" group. To unsubscribe from this group and stop receiving emails from it, send an email to silicon-beach-australia+unsubscr...@googlegroups.com. For more options, visit https://groups.google.com/groups/opt_out.
