There is no “standard deal” at this point. The technologies that will shape the future of mobile communication and interaction are varied and broad.
We’re looking at pre-seed, seed, and super-seed funding. We’re likely to take anywhere from 3-7% of the equity in a company depending on the amount of time, money, and resource invested. It could be more, it could be less.
We’ve all been on the ‘Founder’ side of the table. We still are. We really want you to succeed. You need the dry-powder to do that and you don’t need to be diluted to the asymptote by the end. We’re “founder friendly,” completely transparent in our financial dealings with you, and we’ll come to mutually agreeable terms.