[solsenNet]

hmmm, "almost" 2.5m round and $10m in revenue "booked for next year" is not that credible of a company. you are taking a lot of risk that the money does not come through.

if you sign a deal w/ everything "on the come" they can jack you around pretty hard.

venture backed companies _consume_ cash, they usually don't throw it off (6m extra in a few years) until later.

[sllrpr]

> hmmm, "almost" 2.5m round and $10m in revenue "booked for next year" is not that credible of a company. you are taking a lot of risk that the money does not come through.

What is the risk? Only that we end up back where we were before their offer, so far as I can see.

Their fundraising deal seems well underway, I've raised venture capital myself, and these guys know what they are doing.

> venture backed companies _consume_ cash, they usually don't throw it off (6m extra in a few years) until later.

It's a line item for them, they pass the cost directly to their customers.

[glimcat]

Yeah.

There are plenty of risks ranging from the minimal (they waste a little bit of your time and you don't get paid) to rather extreme (they waste loads of your time for years and you lose your IP to legal wrangling).

Book a competent lawyer who has dealt with this sort of problem to nail it down and make sure the risk stays minimal. Ditto in the accountancy department. Everyone does their due diligence, everyone stays happy down the road.