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A comment on Should I invest $100K in a startup for 3% equity? – pre money valuation is $20M.
The $2M is complete bollocks and they need the 100k to keep going until they can find some actual investment. Otherwise they'd be paying your bills.
So tell them you'll consider it once they pay you - and get some kinda signed statement that they do, in fact, owe you for two months consulting.
Frankly, it smells bad and for me that's enough.
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The $2M is complete bollocks and they need the 100k to keep going until they can find some actual investment. Otherwise they'd be paying your bills.
So tell them you'll consider it once they pay you - and get some kinda signed statement that they do, in fact, owe you for two months consulting.
Frankly, it smells bad and for me that's enough.