I was raising money recently, and the investors talked about equity! It's roughly like this: I am an IT company and I want to raise 4 million in the early stage.

I don’t know the specific amount of funds provided by the other party? Is what you own the patent or copyright of the relevant software? These are two completely different rights. 60% of these two rights as equity? This statement is also wrong. Several of your concepts are indeed a bit confusing. My guess is that you have assessed a value for the so-called patent or copyright (there is a specific amount), and the amount invested by the other party is 60% of your assessed value. As for whether the specific investment amount is 2.4 million, it is difficult to say. It is more likely that the other party's current investment is less than 2.4 million, 1.8 million or 2 million? They will add the expected capital gains in the next two to three years, and finally need you to get 2.4 million in exchange for 60% of the corresponding rights. It is unlikely that there will be such a kind person to give you an interest-free loan. Such a live Lei Feng At least not in the capital market. It is possible among relatives, but the possibility is still very small.

As for the company not doing well, what kind of responsibility will you bear if you are unable to pay the 2.4 million? It depends on how you signed the previous agreement and how the liability for breach of contract was agreed. This needs to be seen. Only then can you make an accurate judgment on your contract.