New company
We started the idea to scale up accessibility, not top 10
We came into this market because of Adam's info.
Now according to his numbers it's not a mature market
Danny and Adam's skill set is very similar
We have no advantage in the top 10 market
In a world where there is a sales team, we could be complementary
In a world without sales team, we are not so complementary
Can cause problems down the line
Money
We agreed on 40K$ each
What happens if we need more money?
Does the company take a loan?
Adam wants to put in 10K$ at a time - With goals
Who writes the goals?
Danny has money to invest - Doesn't nee to split investment
Things Adam said in our last meeting
Wants to find a job?
Web owners don't really search Google for those keywords, it's the tech team that searches
Number of leads per month Accessibe has from Google - 270
If we project that we do 5% of that, with a payout of 0.2*750=150$ total payout monthly would be 2,025$ per month.
Adam thinks the big wave has yet to come for this market.
Danny's wishes
If Danny wants to scale up a company, he wishes to be majority owner in shares. If he were to spend next 5 years of his life he wants to give the best statistical chance that it will pay off for him.
Danny's concerns
Danny is frustrated with this information at this stage. Came into accessibility because of Adam's info.
Non complementary skill sets if we don't have a sales team
Way forward
Each give 40K$ to the project and Yotam manages
Yotam will have to agree
Adam wants to give money in batches
Who will write the targets?
I don't think Yotam will be able to mange properly. ?He is a marketing guy not an operational / financial guy
Very concerned with potential investments since both the investors have different levels of money behind them
Worried that lack of money on Adam's end will slow down operations
Danny takes over the project
Adam get's 5%, no risk
Accessibe are not making money
Without investment they'll be bankrupt
Danny takes on all the risk
If company makes a lot of money, Adam makes free risk income. If the company doesn't make money, Adam didn't lose anything (time or money)
Danny thinks this is the best option since he doesn't think Yotam can take on a project on his own
Danny also sees many problems moving forward for us as a team
שני כיוונים
סיילס
מרקטינג
Adam
Afraid he will stop me from growth. If we are doing this, we are putting 50K$ each and starting a company that does internet revenues.