Two days later, Richard met Jim Clark of Netscape again in the business meeting room of the hotel where he was staying.
As they sat down to finalize the investment contract, Jim, dressed in a slightly awkward suit, looked tense. Beside him, a lawyer sat ready to offer legal advice.
Richard was also accompanied by Adam Lewis, who had arrived from New York the day before.
After thoroughly reviewing the contract, the stern-looking lawyer in a black suit with a tightly knotted tie spoke up.
"There are no issues with the content."
Richard smiled and added, "As agreed, $1 million will be invested in exchange for 40% equity in the company. Additionally, there's a clause granting our representative the right of first refusal if any further investment is required."
Jim, already familiar with the terms, nodded slightly.
"Then, if there are no objections, you may go ahead and sign the contract," the lawyer said.
