3-5% on a startup with almost no employees is VERY

3-5% on a startup with almost no employees is VERY risky. No one likes dilution, but in this case, shares + 3-5% would be a better enticement for investors. The share count is low, so some dilution won't necessarily hurt the company. Also, investors would want (demand) full accountability IE: posted financials, flatpack sales numbers, etc.. They aren't going to give a company money and be left in the dark. Agree with post - Faro "should" dedicate his time to full time development as it might seem that it is a part time job to some investors.