So we met this middle man from china, who say there's investor interested in investing in us for 80% of our shares. In return he will give us 400k. We have another option, which is 150k for 30% of our company shares. We now own 100% of the shares completely, so we are deciding on which one to take. Our country is not based in US, but rather a small country, which has a small customer base.
Due to NDA, I can't disclose on what the app is doing. My partners are leaning towards giving the 80% equity, which left us 20% I don't wish to give up that much because I'm afraid it will get burn out too quickly and therefore we can't raise another round of fund due to our small equity percentage left. Moreover, I didn't get enough background check of that investor (in fact, we havne't met him yet but he's quite interested in our app). My partner is ambitious, he wants to expand quickly into other regions (especially mainland china which has very large users base). However, I suggest to him that we should start small and make sure our product succeeds here first before expanding in other regions. Of course, the downside is that China is able to replicate our product very quickly. In fact, they can replicate a lot of apps now very quickly (and probably efficiently). So I can't really argue against this.
So what's your take on this guys?