Terms for self funded search with investor to split the risk/reward

August 27, 2024
by a searcher from University of Missouri - Saint Louis in St. Louis, MO, USA
I'm in pre-LOI talks with a business that is identical to what I'm currently running with management in place. I'd like to know what standard terms are for a searcher that sources the deal and brings on an equity partner. I can raise funds from friends/family but have yet to explore outside investors.
from Dartmouth College in Los Angeles, CA, USA
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA