nUse of funds, and how long will
the $ last
nRealistic financial projections that demonstrate a viable business
opportunity
nCapital structure that will promote future predictable financings
nValuation – What % of company
being sold, at what price
¨Many times not explicitly described
¨More to come on Valuation (Bill Ericson, GP of
MDV)
nOther equity terms rarely covered
in Biz plan
nAll parties need to think it’s a
good deal !