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Subject: Re: UKNM: And now netimperative.com has gone under
From: Sam Michel
Date: Wed, 24 May 2000 10:47:30 +0100

At 17:12 23/05/00 +0100, Geoff Inns wrote:
>The investors are going to be able to ask for more equity now for second
>round funding - may have a demotivating effect on those who run new
>I imagine some very high offers are going to be have to be made to attract
>key staff to start-ups.

I think you're bang on about having to give away more
equity to get the money in. I've found that there's normally a see-saw
between making high offers and investors asking why someone needs an offer
that high, when they can get options...don't they believe in the company.
Not a ludicrous argument, but given the current climate, certainly a Catch

Toodle Pip

Sam Michel - Founder - http://www.chinwag.com
e: samatchinwag [dot] com
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  Re: UKNM: And now netimperative.com has , Geoff Inns

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