The Pros and Cons of Rando Rich People Investing in Your Startup
This is going to be BIG.
JANUARY 18, 2024
On the other hand, they could be the opposite—much more focused on near-term cash distributions than long-term equity appreciation. One of the biggest downsides I’ve experienced when you deal with non-VCs is the addition of non-standard terms to a deal, especially when they use a lawyer who doesn’t typically work on venture deals.
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