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		<title>What to offer?</title>
		<link>http://www.startupnation.com/community/orca/topic/What-to-offer.htm</link>
		<description>What to offer?</description>
		<lastBuildDate>Tue, 28 Aug 2007 18:38:56 GMT</lastBuildDate>
		
			<item>
				<title><![CDATA[Emmytay,
By price, I assume you]]></title>
				<link>http://www.startupnation.com/community/orca/topic/What-to-offer.htm</link>
				<description><![CDATA[Emmytay,
By price, I assume you are referring to a "valuation" for the business. In point of fact, whenever you exchange equity for $$ - it leads back to a valuation, whether you state it or it is implied. for example, if you buy half of a compa]]></description>
				<pubDate>Tue, 28 Aug 2007 18:38:56 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/What-to-offer.htm#705809</guid>
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			<item>
				<title><![CDATA[&nbsp;Do you have to use a price]]></title>
				<link>http://www.startupnation.com/community/orca/topic/What-to-offer.htm</link>
				<description><![CDATA[&nbsp;Do you have to use a price? Can`t you use number of shares that creates x percentage of equity within a given period of time?]]></description>
				<pubDate>Tue, 28 Aug 2007 18:38:56 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/What-to-offer.htm#705808</guid>
			</item>
			<item>
				<title><![CDATA[You are accurate when you say th]]></title>
				<link>http://www.startupnation.com/community/orca/topic/What-to-offer.htm</link>
				<description><![CDATA[You are accurate when you say that a ultimately the valuation of a business (especially pre-revenue) requires 2 parties to agree on it (the buyer/investor and the seller/owner). I certainly wouldn`t spend money to get a 3rd party valuation at this point]]></description>
				<pubDate>Tue, 28 Aug 2007 18:38:56 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/What-to-offer.htm#705807</guid>
			</item>
			<item>
				<title><![CDATA[I have not had a valuation....I ]]></title>
				<link>http://www.startupnation.com/community/orca/topic/What-to-offer.htm</link>
				<description><![CDATA[I have not had a valuation....I am at the initial stages with a working
prototype, and not selling anything yet. The patent process is well
underway, so who`s to say what the company is worth. It is merely
anyone`s guess right now. But we can value it a[...]]]></description>
				<pubDate>Tue, 28 Aug 2007 18:38:56 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/What-to-offer.htm#705806</guid>
			</item>
			<item>
				<title><![CDATA[
Interesting.&nbsp; Thanks for ]]></title>
				<link>http://www.startupnation.com/community/orca/topic/What-to-offer.htm</link>
				<description><![CDATA[
Interesting.&nbsp; Thanks for the info.&nbsp;
 
You`re welcome. ]]></description>
				<pubDate>Tue, 28 Aug 2007 18:38:56 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/What-to-offer.htm#705805</guid>
			</item>
			<item>
				<title><![CDATA[Interesting.&nbsp; Thanks for th]]></title>
				<link>http://www.startupnation.com/community/orca/topic/What-to-offer.htm</link>
				<description><![CDATA[Interesting.&nbsp; Thanks for the info.&nbsp;]]></description>
				<pubDate>Tue, 28 Aug 2007 18:38:56 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/What-to-offer.htm#705804</guid>
			</item>
			<item>
				<title><![CDATA[Conversion terms can be stated i]]></title>
				<link>http://www.startupnation.com/community/orca/topic/What-to-offer.htm</link>
				<description><![CDATA[Conversion terms can be stated in the note - but I`ve seen many situations where they were not. In fact all the ones I`ve been involved in do not. This is especially useful to the early stage business.]]></description>
				<pubDate>Tue, 28 Aug 2007 18:38:56 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/What-to-offer.htm#705803</guid>
			</item>
			<item>
				<title><![CDATA[Robert,&nbsp;is not&nbsp;the con]]></title>
				<link>http://www.startupnation.com/community/orca/topic/What-to-offer.htm</link>
				<description><![CDATA[Robert,&nbsp;is not&nbsp;the conversion terms agreed to up front?&nbsp;]]></description>
				<pubDate>Tue, 28 Aug 2007 18:38:56 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/What-to-offer.htm#705802</guid>
			</item>
			<item>
				<title><![CDATA[Nonsense, it is not unfair.&nbsp]]></title>
				<link>http://www.startupnation.com/community/orca/topic/What-to-offer.htm</link>
				<description><![CDATA[Nonsense, it is not unfair.&nbsp; The convertable note is a win-win if the terms are good to both sides.&nbsp; You need the cash, they get a good return but only if the business has in fact mets its goals.&nbsp; Have you done a valuation?&nbsp; Have they?&[...]]]></description>
				<pubDate>Tue, 28 Aug 2007 18:38:56 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/What-to-offer.htm#705801</guid>
			</item>
			<item>
				<title><![CDATA[ When I talk to people some stat]]></title>
				<link>http://www.startupnation.com/community/orca/topic/What-to-offer.htm</link>
				<description><![CDATA[ When I talk to people some state that it is a bit unfair to the early investor because the get the chance to invest their money after the company has been going for a little while......  
Unfair to whom?&nbsp; ]]></description>
				<pubDate>Tue, 28 Aug 2007 18:38:56 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/What-to-offer.htm#705800</guid>
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