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Aramis Jordan

Boston mass

Extensive experience in the multi unit franchise industry, from research, development, acquisition and sales

$1.67/min

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Real Estate Investor

Purchase and hold, flip, both commercial and small multi family properties

Tradeshow Research and Development

Extensive experience in event development from concept to sales and marketing: experiences in running events such as McWold a Conference and expo, linuxworld comference and expo, BioITworld conference and expo, Broadband Year 1999, among others

Research, Development, Multi Unit and Multi Brand Ownership

Multi unit and multi brand franchise owner. Franchising, Extensive experiences in concept research and development

Also extensive experience in the trade show development industry; from concept development to sales and execution

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Answers

Aramis Jordan answered

How do you work for someone that has an idea for an app but no money?

Very few apps make money, but those that do can add up, I suggest working out an agreement where u receive either a portion of the sales, or equity in the business

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Startups

Lean startup

Fundraising

Aramis Jordan answered

If someone proposed a deal with me to control 60 percent of my company, and I had the remaining 40 percent, is that a good deal?

There is no right answer, it depends on where in the cycle you are in. Bill Gates ended up with just 31% of Microsoft by the time it went public.

But in an early stage, you want to give as little as possible and keep as much of the voting stock as possible

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Early-stage Startups

Startup Consulting

Starting Companies

Aramis Jordan answered

Do a start-up should search for angel financing between seed and round A even if it's burn rate is low and have a budget to operate till round A?

Raising money is a choice, if you can self funded until the concept is proven and you start getting traction, don't give up equity early on. In any round, you give up a piece of the pie, the longer you are able to self fund, the better the end result for you.
You will be in strong position if you are able to stay out of asking for funding early on, but remember you need to have a good hold of the market and your numbers to understand when

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angel investing

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Member since September 2015

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