We have a "angel investor" interested in our project, however he wants 65% is that standard?

[dan]

The deal is the deal as they say. if he wants 65% and you want their money, that's the way it goes. But the next question is: 65% of what. Normally, with a corporation with one class of stock, that a controlling share. Does this person want to control the project, or just receive a return on his or her investment. If they just want a ROI, you might want two classes of stock: common (and you keep that for control) and preferred (rights to dividends and income).