The Promissory Nature Of The Forecast

Joseph W. Bartlett, Special Counsel, McCarter & English LLP, Co-Founder of VCExperts

McCarter & English LLP


On the other hand, occasionally the investors will turn a hockey stick to their advantage. They propose a milestone deal, so much invested, $500,000 at the pre-money, you, the founder want, the next $500,00 in six months assuming you meet your plan numbers. If not, we renegotiate.


Introduction to Venture Capital and Private Equity Finance