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I have been traveling while also working on outreach to existing investor contacts from my network. I'm now ready to reach out to investors from the startups.com network and could use a little more guidance.

Herb Lipsmanasked 8 hours ago

We have built out our MVP and have proof of concept. Assuming we raise $500K for 10% of the company, how is the $500K doled out? Does it all go in to working capital for the business or can $100K go back to the founders to recoup costs/loans to the company and lost opportunity income?