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Well, I have a legacy LLC separate company but created a new C Corp early last year. I haven't officially logged any revenue for that corp because I've been building a new product.
So, I'm gearing up to launch the new product and am considering various ways to obtain additional capital for go-to-market. Could be convertible note. Could be straight equity. But, considering options but was watching Shark Tank, of all things, and some of the deals were not just equity but also involved % of profits (in perpetuity or time ended) and amount of profit paid out.
I'm just not familiar with profit payments as I need to be and not sure where to go to get advise.