From: Tony Williams 

Congrats, Antti. My advice is to get a lawyer to read all agreements before
you sign them, paying particular attention to the ownership of any software
- or other IP - produced by your company.

--
Tony

Antti Kurenniemi wrote:
> Today I just got offered a considerable (well for me anyway) sum of money,
> to fund my software business. Wowzat, that's cool! I've been battling to
> finance my development (I'm doing a small-business crm/time
> planning/invoicing/whatnot type of application) by doing support gigs and
> all sorts of odd jobs, and this would really make all the difference in the
> world. I'm so excited that I can hardly stand (or sit) still.
>
> Anyone have any hints / ideas how to value a software (business) before it
> sells anything? I'm left with a decision: I have to offer a percentage of my
> company to the investor, and I haven't got a faintest clue as to how big a
> slice I should offer - too big and I'll regret it for the rest of my life,
> too small and they'll just shoot off leaving me empty handed... Damn, why
> aren't cool things ever easy . Well, no worries, I'm pretty sure I can
> trick them into telling me what they have in mind, and then I'll just divide
> that by two, and that should be about right.
>
> Wopee! Beers are on me the next time you're hereabout!
>
>
> Antti Kurenniemi
>
>

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