meeting with potential investors
tomorrow is a big day. i’m meeting with a group of people who are interested in investing into tavalon. i’ve gone through quite a few fund-raising presentations before but they’re always fresh and i never seem to lose the butterflies. this particular groups operates over 240 retail locations and all very recognizable brands. the man behind the scenes is also a former NBA player so its extra cool! no its not magic johnson and i can’t disclose much more information at this point but hopefully the discussions go well and i can announce a new partner in the near future.
the real challenge here is that i want to keep as much equity as possible and the investing parties will obviously want the most ownership for their buck(or a few million of them). as a wise man once told me “the closest a man ever gets to experiencing motherhood is when he starts his own business.” i truly believe in this and not ready to give up my baby for adoption. however, i am looking for foster parents/partners to help me raise this child of mine. having said that i am also fully aware that its better to have a smaller portion of a massive pie than the whole of a tiny one.
sometimes you win, sometimes you lose but the key is to find a WIN/WIN scenario.
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