Forums: Discussions for entrepreneurs and small business.

I would have to say that if you don`t know the true nature of the relationship and can`t honestly say you could see the visions between you and your investor being at least close thus making decision making fairly painless...then if you can go it alone...DO IT!!

There are a ton of companies out there who don`t have the luxury of facing their future without investors...and they are forced to hand over control of their decision making to anyone who is willing to offer up the funds. You are not in this situation from the sounds of it. It sounds to me like your choice is a bit simpler really.

I run a nonprofit...and I asked my initial board members to be a part of this endeavor because I knew that even though occasionally they would feel differently about a current decision that had to be made...the vision and our mission would be the same...we wanted the same results from the organization. If you can`t look at your potential investor and say the same thing...then be free of the potential stress that it would cause and go it alone!

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Leah Tucker

This is why platitudes rarely offer useful instruction on how to get through life`s problems. :-) I think the question revolves around exactly whether or not this offer is a good deal. If they knew the answer, they would also know whether or not to pass it up.

Seems to me that if an outside group is already interested in equity, for cash or otherwise, the business is attracting interest. Since you don`t need the cash, why not hang onto ALL the equity, keep growing the business, and wait until someone comes along with an offer to buy you out totally! For say, $10-million?

:-)

I agree with the majority here!  Keep your company and your sanity if the company will accomplish the growth on its own, albeit at a slower pace.  Patience is a virtue.

P.S. I like the quote in your signature Craig about binary!

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I really appreciate everyone`s views...some great points here for me. SInce this discussion started a few more potential VCs have come forward...will need to determine what it will mean to quality of life too if we go that route.  All good fun!

Andrew
http://www.AdvisorGarage.com
http://www.AndrewIve.com

 

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Andrew PS - Here's a free report on creating your startup success. Free report