if or when we get funding, we should reflect on what are motivations
are for working on the pandabot.
if we are to get equity, we should consider if we are motivated by
money, control, or a combination of money and control.
it will make negotiations easier with investors, and among ourselves.
it will also control the corporate structure and the classes of shares
we will receive, and how the shares will be issued and maintained.
different classes of shares can have different attributes assigned to
them, e.g. preferred payment, or control, or a combination of money
and control.
we will need to put a name to each shareholder and the number of
shares they own of the company.
we will also need a board of directors.
there is much to do and decide, if we get funding, prepare for the
ride. :P go big or go home is also part of the message we heard today.
what an interesting day!
felix
