This is pretty simple to shake out... Ask them for reference to other companies they've done similar deals with - One's who've exited one's who are still with them, and one's who've folded. If they run screaming then dilemma solved.
A good investor knows how to get the best deal possible for their LP's whilst not screwing down the entrepreneur so hard that it harms the passion and drive that started the business in the first place. On face value of it, without knowing the details of the deal or the goals you have for your business, it sounds like you are talking to a bad investor. If your product is truly global, book flights and spend a some time going to meetups and pitching accelerators in the Bay Area *before* you start fundraising. I'm love and am incredibly proud to be a part of the .au startup scene but, having just returned from 3 months of fundraising and BD in the SFBA, I strongly believe that grasping the true extent of what's * actually available* to people with good ideas and an ability to execute is next to impossible until you've been. Also, AngelList. Do it now. -- -- 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.
