All the above looked very appealing to the NetTune crowd. But Gustav still needed

$15−$3−$5 = $7 million. Mar¨us (Colossus’ VP) had indicated Colossus might be willing to provide bridge financing for the $7 million, assuming Allen Venture Partners put up $8 million. The note would be senior, secured by the assets (mainly pending patents) of NetTune, pay 10% annual cash interest,25 and would come due on June 30, 2004. In addition, Colossus required 10% of the equity. The terms were onerous, but there was not much that Martin Gustav could do if he was going to have a shot at realizing his goal of attaining serious wealth while still young.