Inconsistent chatter from a Sacramento-based 'Sconi attorney.

Tuesday, May 29, 2007

What Is Your Company Worth?

Here is a pretty good articule on how to solicit third party investment in your company. I especially liked this exchange in the story:

"So", I asked, “if we write you a check for $1 million what do we receive?” Then the top hat and cane, along with the soft shoe, were in full motion. Lots of humming and hawing. He finally allowed he was hoping 10% of the company would be reasonable. This usually ends the conversation.



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