I'm an apprenuer.
let's assume this: I have a killer idea, awesome developer team, user data base and initial version of my app running with 200 users. they even click fake buttons that was supposed to give them premium version of the app, meaning they are willing to pay for it.
The thing is this- well, I have done all the hard stuff, and my idea is validated pretty good. but in order to get to the next step, I need investors cash. since my revenue will take a lot of time to generate enough cash flow to get to this next step safely, I want to minimize the ownership of investors as much as possible.(after all, I assume that I highly minimized their risk)
Those of you,awesome people who might help, maybe can help me answer these questions?
1. is it possible, for example: to promise to give an investor static 20K $ for 10K $ investment in the future; or all they want is ownership percantage?
2. Do anyone have a good book/other sources to share? or any other info that may help too
as you can assume, I'm a completly newbie to raising capital
.
I appreciate your time & effort.
let's assume this: I have a killer idea, awesome developer team, user data base and initial version of my app running with 200 users. they even click fake buttons that was supposed to give them premium version of the app, meaning they are willing to pay for it.
The thing is this- well, I have done all the hard stuff, and my idea is validated pretty good. but in order to get to the next step, I need investors cash. since my revenue will take a lot of time to generate enough cash flow to get to this next step safely, I want to minimize the ownership of investors as much as possible.(after all, I assume that I highly minimized their risk)
Those of you,awesome people who might help, maybe can help me answer these questions?
1. is it possible, for example: to promise to give an investor static 20K $ for 10K $ investment in the future; or all they want is ownership percantage?
2. Do anyone have a good book/other sources to share? or any other info that may help too
as you can assume, I'm a completly newbie to raising capital
.I appreciate your time & effort.
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