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gc2350

How to accept lead investor commitment on a schedule

Closing a pre-seed round 1.4 m USD for 18 month,the lead investor wants to invest on a quarterly basis, instead of a full commitment upfront.How would you structure the shareholder agreement would I still put the total amount raised and the no shares the investor would receive+ a schdule for the inbestment to flow inOR should I not do a shareholder agreement, since the investor wouldn't be...

( Read More... | 2 comments | 2 points | on HN )
Re:Converting Investor into a Priced Round on Thursday November 03, 2022 @05:56AM (#33448956)
this makes sense, We will just communicate it to the lead

thanks you, this is really helpful

Re:Converting Investor into a Priced Round on Thursday November 03, 2022 @05:55AM (#33448949)
thanks for the advice
Re:Converting Investor into a Priced Round on Thursday November 03, 2022 @05:55AM (#33448948)
thank you for the advice, we will probably do it this way
Re:Converting Investor into a Priced Round on Wednesday November 02, 2022 @06:08PM (#33443600)
Looking for any advice on how to best get the ticket from this investor without pissing off the lead

Converting Investor into a Priced Round

I have an investor that agreed to write a ticket of 150k at a certain val - lets call it 6 mill.Now i've got an investor that will lead a priced round at 30 mill.The first investor is strategic and we really need him onboardDO i add the investor to the priced round term sheet, and just give him shares (based on the lower val)?OR sign a term sheet at 6 mill val, right before the 30 mill...

( Read More... | 8 comments | 2 points | on HN )
thanks for the advice!
thank you for the advice! will consult with a lawyer in our jurisdiction

Can investors wire money to a subsidiary company instead of holding?

I have a fintech company, based outside the US.There is a holding company and the subsidiary company. The subsidiary comp already has a corp bank account, but the corp account for holding is taking too long.We have signed SAFEs and we want to receive money ASAP.Can we give investors a wiring info for our subsidiary account for now ? Or will that create too many problems down the line ?

( Read More... | 4 comments | 2 points | on HN )