Some individuals and businesses offer to locate venture capital investors willing to put money into startups; these individuals and businesses often do this in exchange for an equity stake in the business in question, and are called finders. This article explains why using a finder generally is a bad idea (for both legal and business reasons) from a particular startup's point of view, and uses the services offered by a particular finder to illustrate why finders are often a poor fit for the needs of startups.
- Summary by FizzLaw Team
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Why You Shouldn’t Use a Finder to Find Venture Capital