What to do before sealing the deal with that investor.
One of the major problems startups face is funding.
Getting an investor for your startup is an event that calls for celebration. But before you throw a party and take their fund.
Read in detail the terms of the agreement and understand perfectly the investors’ expectations in exchange for their investment.
This is where a business lawyer comes in. No matter how educated you are, never you sign the investment agreement without having your lawyer review it. The devil is mostly in the details.
If you find some of the clauses unfavorable, negotiate, and if you can’t strike a balance, feel free to opt out.
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