How much is an investment "broker"?

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How much is an investment "broker"?

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abc1111

posts: 88

Mar 12, 2008 10:44 PM ET Quote Report Abuse

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Here is the situation:

There is an individual who could help to raise money for my company. He has the contacts and could do the introduction with Business Angels/VC. He can help on the presentation and be with me during the meetings. He would basically work as an advisor. Once the company is funded he would not do anything.

Question: How much should I give him?

He is asking for 4% of the raised money and 3% of the company. Is it reasonable?

Any advice is appreciated.

JustTim

posts: 18

Apr 03, 2008 1:42 AM ET Quote Report Abuse

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Only advice I can give you is google "Asheesh Advani." He has a ton to say about financing startups and perhaps he`s available for free advice...

As an entrepreneur you gotta be gutsy and press and take risks...

The worst anyone can say is no...Be humble, don`t pretend to be someone your not and you will find that most people will be willing to lend a hand...

That`s the best I can do for you...sorry?

-------------------------

Tim Szazynski
timshaz@gmail.com
270-312-7234

zenzuu.com/timshaz

http://case-studies.sitesell.com/timshaz.html

JustTim

posts: 18

Apr 03, 2008 1:46 AM ET Quote Report Abuse

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I`m still trying to figure this forum stuff out, sorry

-------------------------

Tim Szazynski
timshaz@gmail.com
270-312-7234

zenzuu.com/timshaz

http://case-studies.sitesell.com/timshaz.html

robertj

posts: 1458

Apr 03, 2008 9:52 AM ET Quote Report Abuse

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Here is the situation:

Question: How much should I give him?

He is asking for 4% of the raised money and 3% of the company. Is it reasonable?

Any advice is appreciated.

For openers - people who collect commissions on funds raised are required to be registered as a broker-dealer. That would be the first question I ask.

Once I had his "license" information , I d check him out and talk to his previous clients.

-------------------------

Business Growth Masters, LLC -
Capital Catalysts for Entrepreneurs
Home of the Scalable Business Plan and QuikStart Capital Programs
http://www.bizgrowthmasters.com
info@bizgrowthmasters.com

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