What is the industry standard about talking about NDA-ed contracts when pitching to VCs then?
"We have a contract with company we cannot name in a space cannot quite describe that is about something we cannot talk about"?
Example - Intel/AMD & HP. If the HP finds out that one of their products fails b/c of an Intel/AMD processor failure what happens between the companies?
a) In case of systemic failure (above N% - and what can be N here?)? b) In case of non-systemic failure?
Would that be much different if it's some OEM smartphone + VAR brand? I am implying that OEM smartphone is a more complete package than just MCU (as above).
The situation: startup has an offer from early stage investor but the offer has lower valuation than startup is willing to accept. If startup takes this investment at proposed valuation and then raises the rest of the money necessary for the seed stage, it spend well over 25% equity recommended to set for seed stage [by Paul Graham].
It seems that such negotiation may easily end up in a pointless Valuation-A VS Valuation-B discussion. Which incentives can startup offer to seed investor in such circumstances?
Basically: Lets set the cap at $Y so that..