This was conceived as a way for angel investors to invest with some protection against the terms and pricing negotiated with traditional venture
funds in the subsequent rounds.
Not exact matches
The company remains founder - controlled, having been able to negotiate to maintain that control
in each
subsequent funding round.
«We view success as any company that secures a
subsequent round of
funding,» Conser says, noting that
in some cases Shell «
funds» a company itself.
Whatever you come up with determines how much equity you'll relinquish to the
funding group and how much stock you'll have left for
subsequent rounds of growth capital
in the future.
«We've already seen a couple of deals
in Europe where it's been pre-negotiated that, if there's a
subsequent funding round, you're going to get bought out at a set price,» says Swart.
Therefore Whiz Partners will provide the support
in the areas of business and financial management to allow the successful companies to have access to initial and
subsequent rounds of
funding and guidance to management expertise to increase their overall success
in creating a «Hero» title.