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Date: Sat, 28 Apr 2012 09:29:13 +0800
From: Patrick <patrick.hal...@gmail.com>
To: hackerspacesg@googlegroups.com
Subject: Re: [HackerspaceSG] funding option for social startup or
 boostrapping startup
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On 2012-04-27 19:47, Martin B�hr wrote:
> if that's right then it's all a matter of negotiating the terms.

Negotiating is absolutely job #1. These transactions aren't
exchange-regulated, they're completely open-ended.[1]

This creates a major time-suck which you should plan for in advance; the
last thing you want to be doing is negotiating when you have cash
dwindling and time is running out.


Patrick

[1] They want 37 boxes of orange Jell-O? A bowl of M&Ms with the brown
ones removed? Non-dilutive rights? The counterparty can specify
anything, so you have to read and grok every line.