Hello there,
I was wondering what is typical when you purchase shares from another early investor who wants to liquidate his position.
The CEO notified me saying that the pre-series A has been closed but that I could get at a slightly lower valuation by purchasing it from another early angel investor who wants the cash desperately.
The CEO says that the company would like to keep a finder's fee for connecting me with the shareholder who wants to sell.
Is it normal for the company to ask a finder's fee for connecting two investors together?
He wants the buyer (me) to pay the whole finder's fee.
Am I being duped?
I was wondering what is typical when you purchase shares from another early investor who wants to liquidate his position.
The CEO notified me saying that the pre-series A has been closed but that I could get at a slightly lower valuation by purchasing it from another early angel investor who wants the cash desperately.
The CEO says that the company would like to keep a finder's fee for connecting me with the shareholder who wants to sell.
Is it normal for the company to ask a finder's fee for connecting two investors together?
He wants the buyer (me) to pay the whole finder's fee.
Am I being duped?