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Flexible VCs With Structures Between Equity and Revenue-Based Investing

David Teten

By comparison, traditional VC has a bankruptcy rate of 30-40%. They have spent multiple summers putting on the “Tech Tour”– traveling around North America investing and speaking in tier II and III cities (excluding 2020). We determine a salary cap with the founder based on a software engineer in the closest major city.

Equity 78
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Out of the Crisis #20: the founders of Bitwise on the role of technology in empowering people, spreading benefits to underserved communities, and the creation of OnwardUS

Startup Lessons Learned

In addition, those humans, collectively, are the majority of America and they reside disproportionately in non-primary markets. Grew up here in the Central Valley of California, left for early work and career in college, bounced around North America for a while, returned home to start this company. It feels really, really obvious."

Fresno 60