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Registered
Join Date: Dec 2001
Location: Cambridge, MA
Posts: 44,304
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Need help structuring a private equity deal
G9Girl is now about 6 months old and while we could shoestring it, the business model has evolved in a such a way that we need a serious first round if we want to accomplish our goals.
I was in NY yesterday meeting with friends of a friend, pitched the concept and they bought it, committing themselves and a loose consortium of high net worth individuals to bring in our first round goal if the business plan checks out and the deal is attractive. The business plan will be done in about two weeks. We are a Mass. subchapter S corp. Does anyone here structure deals for a living or know anyone who does? I need all kinds of advice and counsel on this. Please contact me at shaun@g9g9irl.com if you or anyone you know can help.
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Tru6 Restoration & Design |
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Feelin' Solexy
Join Date: Oct 2003
Location: WA
Posts: 3,788
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Shaun, are they buying in as first round investors for stock, revenue stream, or what?
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Grant In the stable: 1938 Buick Special model 41, 1963 Solex 2200, 1973 Vespa Primavera 125, 1974 Vespa Rally 200, 1986 VW Vanagon Syncro Westfalia, 1989 VW Doka Tristar, 2011 Pursuit 315 OS, 2022 Tesla Y Gone but not forgotten: 1973 VW Beetle, 1989 Porsche 944, 2008 R56 Mini Cooper S |
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Registered
Join Date: Sep 2004
Location: Newport Beach
Posts: 280
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File a Rule 506D with the SEC and have a business plan and you're done.
If you don't want to file, I have a template you can use. Good luck!
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2002 Porsche 911 turbo X50 2002 S500 Mercedes Benz "pimped out" 2007 Mercedes CLS 550 |
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Registered
Join Date: Dec 2001
Location: Cambridge, MA
Posts: 44,304
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Grant, these guys want a chunk of the company. Valuation will be based on projections. I haven't worked up the math model yet, but my gut says there's a good shot at profitability with just this round.
GFORCED, thanks for the info on the 506D. Please let me know more about this template. Thanks guys!
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Tru6 Restoration & Design |
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Registered
Join Date: Sep 2004
Location: Newport Beach
Posts: 280
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Send me PM with email address.
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2002 Porsche 911 turbo X50 2002 S500 Mercedes Benz "pimped out" 2007 Mercedes CLS 550 |
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