David Teten

JANUARY 21, 2021

By comparison, traditional VC has a bankruptcy rate of 30-40%. According to a recent interview with Founding Partner Andrew Oved, Reformation invests in SaaS (vertical and application software) and consumer product businesses that have achieved $1M-$5M in annualized revenue, while operating capital efficiently.

Equity 78

Equity Revenue Cofounder Colorado 78

Startup Lessons Learned

AUGUST 26, 2020

In other words, they've more than proved their plan can work--so much so that Bitwise now operates in two more cities and plans to keep growing. They are now operating in nine States. Seven years later, they've trained about 5,000 students and created over 1,000 new technology jobs in Fresno. What was it like?

Fresno 60

Fresno Community Technology California 60

techcrunch.com

SEPTEMBER 2, 2012

If the startup can’t repay the loan, it will be in default under the note; in which case, the noteholders may force the company into bankruptcy (if the startup can’t renegotiate with investors to extend the loan). Powered by Personforce.

Equity 87

Equity San Francisco Technical Review Angel Investor 87