Quote:
Originally Posted by Spudstr
Angel investors usually want large cuts, just like VCs etc. They are treated just like any other investor. Some want to know the rate of return and how the return is paid either in ownership + return or just return. The problem with raising funds is they are going to gauge you for control of the company or control of the board.
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typically when a company is new or just starting up, yes, but not in our case for fund raising vs. start-up capital.
showing actual growth and a positive ROI takes us out of the "high risk" investment crowd and allows us to give up 10-15% of the company for what we would normally have to do for 50%.
Angel investors, unlike VC's are not looking for control of a company, which is why I'm not looking for VC funding. VC's are a pain in the butt