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Sounds like you have some smart (obviously) partners. Don't take a deal until it's the one you want. Say no until your tongue bleeds.
The older and more experienced you get in business, the more you realize that raising money is never the problem. There is always plenty of money if you have the right idea. You guys sound like you have a true new idea. Decide the financial deal that you want and do not settle until you get it. And as you already know, it is not always about cash.
Writing down the scenarios as you have here is cathartic. Read what you have written and you will say 'That guy is pretty smart'.
To thine own self be true. Illegitimi non carborundum.
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I am just a simple man trying to make my way in the universe...
"Go confidently in the direction of your dreams. Live the life you have imagined." - Thoreau
"Nothing great was ever accomplished without enthusiasm" - Emerson
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