Question
My startup is about to raise $5,000 each from private parties. What are some options for moving forward?
This offer is targeting a fixed number of private parties interested in my startup. They have agreed to receive either employment (due to the business model) or accept interest for their money. Other conditions exist for employment.
I am looking for a platform or advice on how to proceed.
Answer
Best to start with legal advice.
Depending on how you structure your investment agreement payback, you may run afoul of the S.E.C so be sure to seek legal advice before structuring your deal (investor payback agreement paperwork).
