The Art of the Start/Kawasaki 140-144

144 Is it better to have fewer, bigger investors or numerous, smaller investments? …

1) More investors means that there are more people helping you by opening doors, recruiting, the generating buzz,

2) When you need additional capital, it’s nice to have sever sources already in the deal,

3) It’s dangerous to have only one investor calling the shots in case you have a disagreement.

When accepting angel money, is it reasonable and customary to have a buy-out clause, to allow me to retain my stock if I am able to pay back the angel’s loan with interest?...If you do pull of buy-out clause, you’ll rack up bad karma points—and a start up needs all the good karma it can get