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.