Detailed text transcripts for TV channel - MSNBC - 20140601:

Detailed text transcripts for TV channel - MSNBC - 20140601:11:42:00

is. lots of this stuff has already been done. >> absolutely. everything has been done. >> right. >> there are very few new things under the sun. and so if you come in to an angel investor with a very strange capital structure, or you're looking for weird notes or terms, or you've done strange deals with friends and family, it's just going to screw it up. >> yeah. and it looks weird. it looks questionable, right? what's the point? >> there are ways of doing this and so don't reinvent the wheel. use existing standard kind of term sheets and deal structures. >> okay, great. thank you so much for giving us insight. i know a lot of people are out there looking for money. one quick way, how do you find good angels? >> you can find good angels on gust.com or going to your local angel group. there are hundreds of angel groups in every state in the u.s., and virtually every country in the world. and that's -- those are angels who are pro-actively looking for new businesses like yours. >> okay. great. thanks, david, great to see you. >> thank you. >> we all depend heavily on the opinion of others when we make our purchases. in today's crowded app store

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