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Re:Don't yell at waitresses. You look like a jerk and it blo... by rdl on Sunday March 20, 2011 @03:26PM (#2347103)
$40k for 15% post means he was screwing you to begin with, unless it was money which came with a technical cofounder attached, or someone with huge industry connections in a non-tech vertical product company, or happened in 1975.

You should thank the investor for giving you another obvious sign to warn you away.

Re:Don't yell at waitresses. You look like a jerk and it blo... by mikeklaas on Sunday March 20, 2011 @04:06PM (#2347238)
So… what do you think of ycombinator terms?
Re:Don't yell at waitresses. You look like a jerk and it blo... by rdl on Sunday March 20, 2011 @07:16PM (#2347715)
As just money, it would be horrible. As a whole package, it's basically the standard for incubator, quite successful, and has a great oversubscription ratio.
Re:Don't yell at waitresses. You look like a jerk and it blo... by g0atbutt on Sunday March 20, 2011 @03:27PM (#2347107)
He was providing a lot more then just upfront cash.