Whats the point of giving an angel investor equity if you agree on a multiple return buyout years later?
lets say an angel investor invests $100,000 for 30% of a startup company. Before taking the investment the startup and investor agree on a buyout after 3 years for 3X the investment, so $300k. So what would be the point of offering the investor 30% of the company? Whether its 1% or 49% the agreement would still state after 3 years the investor would walk away with $300k.
I guess the equity would be for insurance in case the startup cant afford the buyout?
Do startups generally pay 30% rev share or is is 30% only if the company is sold?2 AnswersPersonal Finance9 months ago
For example if one where to build a gym. or a mall, ect. What are the steps to build such a large commercial property?
Is the first step to hire an architect, then engineer, then builder? What is the construction flow for commercial building?1 AnswerRenting & Real Estate1 year ago
I am building a 30,000sqft modern gym and spa but have no clue where to begin. Who draws the floor plan and who builds the building? Does the construction company manage the project? Do I need to hire an interior designer? What are the steps to build such a building?4 AnswersOther - Business & Finance1 year ago
With fathers day coming up tomorrow I'm getting my dad a cover to his bed on his truck. I can't for the life of me find the dimensions. The car is a:
F150 Crew Cab 4x4 2013 Lariat 5.0 coyote V8.
I think there is a short bed and long bed model? Anyone know the dimensions. I think 78 inches is the long bed.
Thanks2 AnswersFord2 years ago
I just got offered a job from a small private start-up company that builds businesses. They do several million in sales so it isn't too small. I recently graduated from the University of Florida with a bachelors degree in business administration. I am a 21 year old male.
They told me to come back to them with a number... of how much I want to be paid. Basically I will be a project manager business assistant. I will be doing accounting work with intuit quickbooks logging in sales and expenses ect. I will also be doing market research, web development, and marketing. Really, I am doing every business operation. Kind of like a COO.
I'm not sure what this position is called so I don't know what rates go for ( In Connecticut). My question is what should I offer? I know my age and experience is effecting my salary price. I don't have any professional experience with this but they know I am entrepreneurial minded. I started up a small business and they see the skills I can offer.6 AnswersSmall Business2 years ago
So I got a $200 speeding ticket a week ago for something BS. In my town there is a road that is 35mph then immediately turns to 45mph. As I make the turn onto the road, (in 35mph zone) I start driving and then see the 45mph sign. Once I see the sign I start speeding up to 45 mph. I pass the sign going 48. A cop is directly across the sign and clocked me a few hundred feet before the sign. I was going 48 but I could see the sign. Apparently I have to pass the sign to go 45 not just see it. I want to go to court and fight it since I have a clean record since I have been driving for 5 years. Since technically it was illegal should i plead no contest, guilty with explanation, or not guilty and hope to cop doesn t show up?9 AnswersLaw Enforcement & Police4 years ago
I recently went to a Volvo dealership to fix my car. They want $2,000 for the fix and I think they are trying to suck the money out of me for unneeded repairs. I know some must be done, but whats the cheapest and most practical way in my situation.
Intake cam pulley-$333
Plus $700 in labor
They all recommend
4 cam seals-$60
Timing belt kit $245
torque mount $100
Basically I got the codes P0011 and P0016. My car started to sound like a helicopter. so I replaced the sensor. Still had the banking noise, almost like rodknocking. So I took it to the mechanic and the two bolts holding the pulley were loose and broke off, causing the pulley to get messed up. According to them. the bolts needed to be drilled out, and the thread in the pulley VVT unit got messed up too. basically they said i need to replace the thing. I already paid $230 for the diagnostic and them to replace the two bolts, now they tell me the whole unit needs to be replaces. Plus the thermostat broke off a little piece that connects the hose to the coolant, so that needs to be replaced. Should i buy the parts online and go to a mechanic or drop $2,000 here. Is it safe to drive? 2004 Volvo s80 T6 twin turbo 2.9L V64 AnswersMaintenance & Repairs4 years ago
I read the average app costs over $100,000. Freelancers quoted me $80,000 to build my app idea. However, I went to an app created website, uploaded my pictures and videos and got it the way I wanted for a subscription of $50 a month. This can t be right. What makes one cost six figures more??5 AnswersSoftware4 years ago
So I am 17 and just got a job at Pizza Hut and I start Thursday. However, I volunteer at Goodwill and someone quit and they want me to take his job. Which Is Weekends (13hrs). I would love to work for goodwill becuase I know everone there and everyone is nice. However, I know I cant just go to Pizza Hut and say btw I cant work weekends now. On my application I said I was free on weekends and I know they will want me to work then. So which job should I take and how do I ask my Pizza Hut employer to let me take weekends off for another job? Is that rude? Once school starts I only want to work a few hours so goodwill would be perfect but i dont want to quit pizza hut /; First Job. Thanks for help!3 AnswersOther - Careers & Employment5 years ago
I would like to install a Aux cord in my 2005 Toyota Avalon to play on my iPhone 6. It didn't come with one so id like to install an aftermarket. I went to best buy picked one out and the geek squad couldn't install one because I had a "Unique" radio. (Look up the 2005 Toyota Avalon radio) it is a bit unusual. Any how is it possible to install an aux cord? Also do I hook it up to the cassette player or radio? and where do I find one? I found one on eBay for $8 that just plugs in and looks simple will it work? Thanks!3 AnswersCar Audio6 years ago
After looking at expenses for a cheap place for a college student i estimated $1200 a month. That includes rent, car insurance, gas, clothing/entertainment(no luxuries), Internet, phone, cable, electric, water, ect. This is all minimum. I am a full time college student taking 15 credits (5 classes). If I make $9 and hour at 36 hours that's $1300 a month. I could do it, hardly? Plus I have $3,000 in savings. Can I do it? Being a full time college student and working 36 hours is a ton of work but then again I don't wanna live in my mothers basement (; so whats it cost for an 18 year old to live on his own??3 AnswersPersonal Finance6 years ago
I recently sold some sports cards for $200 on ebay. I sent a cancellation request because some cards had got damaged. I told him I would refund full money. However, he denied the cancel transaction request and will not answer my messages at all. It has been 2 weeks and payment is in my payapl. If I refund money I just lost final value fees of $20. sounds like he doesn want money though. When, legally, can I keep the money. I don't want to spend it then have hime request a refund and im in trouble. How long do I wait before spending money, 30 days?3 AnswersLaw & Ethics6 years ago
EBAY Help! So I sold an item for $200. I lost the item and sent a cancel transaction to buyer(I offered a full refund). But he declined it. Now I am stuck with a hefty $20 final value fee I have to pay. On top of that do I have to refund money? He denied the cancelation so what happens now? I assume I cant get my $20 back? But what about the money? Do I have to refund the full amount, because I am out $20 I want atleast that back.2 AnswersOther - Business & Finance6 years ago
I have an iphone 4 and recently bought a 5. I wanted to switch my iphone 4 sim to my iphone 5 (to get all my data). However it didn't fit. So I tried cutting it (I read online you could do that) Well It snapped and doesn't work. So now I am out a sim card. What do I do? Did I loose all my data (I backed it up to iTunes earlier in the day). Should I go to att and get a new one. If I do will I get my data back? Also I did not buy the phone from att I got it on craigslist if that matters..thanks2 AnswersCell Phones & Plans6 years ago