Hello,

I am starting a web application/community soon, and I was wondering if I need an investor. I will need some money in four-five digits. Not a lot, maybe around 5,000-10,000. Maybe even less, but I think its a good idea to go with 10,000 or so.

• What should I have planned (I have a lot of things planned already but what exactly Should I must have) before I look for an investor?
• Whats the best way to talk to them?
• Whats the best place to get started?
• What do most Investors look for in entrepreneurs?

Also the biggest question I have is, how do investors work really? Do they just give you cash and say, okay release the product? Or Do they give you a adate that you must finish by? Do they also help in other aspects except financially? For example, PR, Marketing and so forth? Do we just say, "This is how much I need" and do they give that much? What do they want in return? Do they want a share of the company? If so, how much do they usually ask for (percent wise) and lets say they get like 40-50 % of company, what do they have a right? Will they bug me for everything we do? OR, do they say within this amount of time, I want my money back with X amount of interest?

Please let me know.

Thank you A LOT!