What about other fees and other costs?

June 24, 2019

The Angel CoFund will expect its legal costs to be met by the investee company unless other investors are meeting their own legal costs, in which case the Angel CoFund will do the same.
The Angel CoFund will pay a fee of 2.5% on its investment to the syndicate, but will not accept any other fee being paid either directly or indirectly (by the company or otherwise) contingent on its investment.

Co-investors should feel free to negotiate any deal arrangement or advisors fees in relation to their own investment that they feel comfortable with, but these should be fully disclosed.