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Akshit Goyal

Venture Capital, Fun... • 1y

Hi everyone! I’m Akshit, Partner and Corporate Practice Head at Goyel and Goyal. I'm here on Medial to answer all your questions regarding startup incorporation, legalities, fundraising compliances and any and all things legal/CS. Please put down

Anonymous 7

Hey I am on Medial • 1y

Someone told me they will get me funding and will take 10% cut out of it. Is the is a legal and ethical practice ? Do investors invest like this also ?

1 Reply

Replies (1)

Akshit Goyal

Venture Capital, Fun... • 1y

Investment banking (which this is) - is very common. But the 10% is a very high ask. Typical IB fees ranges between 2-5%

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