Like I said £2.5K is well needed money in a startup.
And it can be the difference of succeed and failure. I can't argue with you about that.
But there is more needed to increase the chance for succeed and payback)
Let's say you need to create something in China to sell. It's not going o be enough to go all the way. (might be wrong, I do hope I am).
Money for the product it self, and then u need money to make people know your product is out there. Yes if its great it might sell itself online. But if its too slow the company might not survive anyway.
At the same time the best thing is to get little support from many different investors.
No, there is no 'whatever term'
. I like +Richard Branson
alot. So I would like him as a part owner, to get that extra. But to sell all rights and income just to be able to create my product..no. unless I have no intention to make any money at all, for the mankind.
My interest is in innovation and green energy and my girlfriend been asking me to contact him about what I created for years now. It might be crazy enough.
I just haven't had time to build the nice prototype yet. Without it I don't think its worth talking to him. So yes £2.5k would be perfect for me to let someone create parts that will make a beautifull prototype to get the big investments.