Mick, I am a TIGER. Tell me more about your startup at my email address which you will find under “Contact Dave” at the bottom of berkus.com.

Dave

My personal opinion is that we expect too much.

This inconvenient fact is supported by our own best practices as exemplified by The Forum’s Mid-Atlantic Chapter deal structure; a priced round with a one time preference providing investors full capital recovery.

We rely on the post funding Board to assure the wise use of capital supplied, thereby raising the question Dave has posed; how much; to whom, and for what service(s).

Responses to the questions are tied to our possession of a fully diluted capitalization table before our cheques are released from the transaction lawyer’s escrow account.

As a peer and reader of Dave’s column, possibly even the author speaking via his Chatbot, what do you think of the Keiretsu Forum’s approach? Thumbs up? Thumbs down? Why?

What would serve the founder and funders’ interest to their mutual advantage as measured by new entrant enterprise success rate?

Mick