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How to Evaluate an Offer from a Startup Incubator

The Startup Lawyer

Thus your startup needs to determine the intangible value offered by the incubator (and yes, a $150,000 convertible note with no cap and no conversion discount qualifies as an intangible). Other incubators may want to set up an option pool. Do they know your space? Will you get to select your mentor or mentor group?

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