article thumbnail

Master of Customer Acquisition, Matt Coffin, On Startups …

Both Sides of the Table

He tells the story of how he was out of cash, stressed out, nobody in LA or Silicon Valley would give him money, he had finally found an investor in Minneapolis but his venture bank was going to shut him down for breaking a “covenant&# in their agreement by not having enough cash in the bank. The answer?

article thumbnail

Who are the Major Revenue-Based Investing VCs?

David Teten

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. The mode purpose for funding is (in order of frequency) Sales, Marketing, Market Expansion, Product Development, and Hiring Employees. The average monthly operating expenses is $70,335.

Revenue 60
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How should I finance my new venture? - Startups and angels: Along.

Tim Keane

  His entire income is based on his personal output and he’d like to hire several woodworkers, expand his sales to existing customers, and generate a profit in addition to his contributed labor.    Appropriate covenants. Maybe Small Business Administration guaranteed loan.   Appropriate covenants.

Finance 83
article thumbnail

Shark Tank 2012 Holiday Episode Breakdown

Lightspeed Venture Partners

The entrepreneurs did say that they wanted the business expertise of one of the sharks. But there are other ways that they could have gotten business expertise to complement their own skills. The most obvious one would be to hire somebody.

Covenant 162