Greetings fellow Brazilian! Just thought I'd clear it up what they're saying. They didn't contest local laws regarding whether or not they're valid.
What they're saying is that when your company receives such an investment deal, the legal burden to pay back that sum of money falls on your company, and not on you as a person.
That's the difference of having to pay back using your personal assets (money and belongings), or your company's assets (money/equipment).
Hey, thanks for the comment. I understood that part haha, but what I trying to say is that in our contract the payback falls on us as people not as a company. But it a really hard thing to explain without telling the whole story behind our deal, and it's not the focus of my article.
Anyway, thanks very much for the comment.
People here are just worried about the risk you guys are going through, but obviously you guys are well aware of the risks and have an idea worth pursuing :)
Good luck to your team and hope to see your product out there soon (write up another post when that happens! A bit of shameless self-promotion never hurts anyone)
Greetings fellow Brazilian! Just thought I'd clear it up what they're saying. They didn't contest local laws regarding whether or not they're valid.
What they're saying is that when your company receives such an investment deal, the legal burden to pay back that sum of money falls on your company, and not on you as a person.
That's the difference of having to pay back using your personal assets (money and belongings), or your company's assets (money/equipment).
The issues they raised aren't region related
Hey, thanks for the comment. I understood that part haha, but what I trying to say is that in our contract the payback falls on us as people not as a company. But it a really hard thing to explain without telling the whole story behind our deal, and it's not the focus of my article.
Anyway, thanks very much for the comment.
Ah totally understood what's happening here then.
People here are just worried about the risk you guys are going through, but obviously you guys are well aware of the risks and have an idea worth pursuing :)
Good luck to your team and hope to see your product out there soon (write up another post when that happens! A bit of shameless self-promotion never hurts anyone)
Thanks mate! And yes! For sure I'll post something about my app