I have an investor that wants to invest in a start-up company and wants 76% of the shares. What rights will I have owning the 24% of shares?

I have an investor that wants to invest in a start-up company and wants 76% of the shares. What rights will I have owning the 24% of shares?

I have an investor that wants to invest in a start-up company and wants 76% of the shares. What rights will I have owning the 24% of shares?

I have an investor that wants to invest in a start-up company and wants 76% of the shares. What rights will I have owning the 24% of shares?

You will have a minority stake in the newly formed company. Your partner with 76% of the shares will have controlling interest. Depending on the sales of the company, your 24% may or may not be enough for you to make a living. You, of course, will have to decide this. You specifically asked about what rights you will have at 24%, the answer is it depends on how you and your partner draw up the business agreement. The agreement can be tailored to fit both individuals needs, but make sure you get the agreement in writing and make sure it is something you can live with. I strongly suggest you contact an attorney familiar with new business start ups. You must also trust this lawyer explicitly. If you get bad vibes when you meet him/her, go to someone else.A successful agreement can be reached between you and your partner, but here again, make sure you can live with the terms of the agreement before you hang out your shingle.  Good Luck.
I have an investor that wants to invest in a start-up company and wants 76% of the shares. What rights will I have owning the 24% of shares?
I have an investor that wants to invest in a start-up company and wants 76% of the shares. What rights will I have owning the 24% of shares?
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I have an investor that wants to invest in a start-up company and wants 76% of the shares. What rights will I have owning the 24% of shares?
Read More