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Where can I find Seed capital? The investor on my project has allotted 3.2M USD for my project, I need 50k....

I need to come up with 50k to cover all expenses and fees until the investors capital is transferred. So, unlike most start ups, I have the investor on board, but I simply need the 50k seed capital as an act of good faith. Any advice?

Brian Colvin

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Answers (5)
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Jul 15, 2016
Brian Colvin

I should not have stated fees, it is to hire a lawyer, to set up meetings, to basically get things rolling and my cover operating costs until the investment capital comes through which could take up to 3 months.
While I'm asking for 50k, this will not be transferred to the investor, it will be used to incorporate my company, hire a lawyer, and cover my operating expenses (which are next to nothing at the moment).

Thanks for letting me know how the question sounded to you guys though!

- Brian

Jun 29, 2010
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yeah, Paul, something doesn't sound right here.

Jun 29, 2010
Paul E
Front Line Plans
Business Plans for Entrepreneurs
Westchester County, NY

Brian...please forgive me for this...none of my business BUT unless you really have this deal tied down be very very carefull about FEEs and expenses for an investment. I have a tremendous amount of experience in these kinds of situations. Investors do not charge fees!

Again, I apologize, none of my business and I'm not suggesting anything is wrong. Just a heads up from someone who has seen some fee/goodfaith deposit scenarios before.

Jun 29, 2010

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