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Company
Benefits from a Revenue-Share Funding |
Growth companies
generally strive to minimize dilution of their equity.
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Monthly payments to Seaside
vary with the performance of company revenues, thereby giving a company
breathing room if its results slow. |
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Companies suffer no dilution of their
equity. |
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A company has a right to terminate its monthly payments
by exercising a buyout provision. |
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A company’s
pre-money valuation does not become a point of disagreement. |
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Seaside does not
require collateral, commitment fees, warrants, board seats, or personal
guarantees. |
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Seaside will consider re-negotiating the terms of its investment or providing
a follow-on round. |
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