Naval is one of the best seed investors I worked with: always prompt to follow up, and one of the best viral marketing experts around.
If he will pay for shares in your company, give him the shares. If he will take them for free, give him the shares. Just give him the shares. I did.
Mike has incredible drive, capability, and integrity. He is the most ethical person that I’ve met in Silicon Valley and I would have no hesitation whatsoever in doing business with him. I’ve seen his performance at Epinions, Symantec, and Bix, and he gets better and better every day.