Awesome, as a Kima company who took investment before this "Kima15" offer had been announced, I can say the biggest thing that attracted us over the other firm offers we had at the time was Kima's commitment to moving fast with the cash.
We'd maxed out personal credit cards and we were literally on a ~2 month timebomb of personal runway.
So yeah, awesome to see they've now put this "move fast" promise into a transparent offer. Sure there's limits on the cash and valuation but, I guess better to see it upfront.
In our case, the fees were £1,800 (incl 20% VAT) for our lawyer, and €1,136 (inc 19% VAT) for Kima's lawyer.
We'd maxed out personal credit cards and we were literally on a ~2 month timebomb of personal runway.
So yeah, awesome to see they've now put this "move fast" promise into a transparent offer. Sure there's limits on the cash and valuation but, I guess better to see it upfront.
In our case, the fees were £1,800 (incl 20% VAT) for our lawyer, and €1,136 (inc 19% VAT) for Kima's lawyer.