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EXECUTION 1% in escrow to receive funding??

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dompie85

Bronze Contributor
Jan 16, 2015
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Houston, Texas
Been seeking funding to keep our Oil and Gas startup (Not a SaaS) alive. 1% skin in the game? Never seen anything like it. Waiting to see terms, and spoke to our attorney. Attorney said thats not really typical but some people are more comfortable seeing you have skin in the game (Our skin in the game is currently $30,000 a month loss!) I know Due Diligence will come up as i comment. Ive performed due diligence on the intermediaries and they check out OK. Investor information will be released, with terms, this week once our full business plan is approved
 

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