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Old 01-10-2013, 04:22 PM  
mineistaken
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Join Date: Apr 2007
Location: ICQ 363 097 773
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Quote:
Originally Posted by sperbonzo View Post
I was just about to warn you about VC's for that exact reason, but obviously you are already aware of the problems that they bring.... They are always trying to write insanely complex contracts that are usually an attempt to cut out the founders so that they can take over.

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And its normal, not many people would like to invest their money without getting the control.
My buddy does invest in ompanies, on a small scale, like 50.000Eur , he does not invest if he does not get 51% share. I mean startups here, obviously if a company is bigger and you invest smaler you don't get 51%, but some serious control is a must.
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