Remove Cap Table Remove Finance Remove Government Remove Syndication
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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

Part of the magic of revenue-based financing is how historical performance and strong, achievable financial projections are ultimately the backbone of how RBI/RBF investment decisions are made.” Coinvestors: Flexible VC terms have not been standardized, which may make the investment harder to syndicate. Governance.

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Unintended Consequences: When SAFE and Convertible Notes Go Awry

Pascal's View

Many entrepreneurs lose track of what they have been cooking up in the cap table. When it comes time to convert the notes, these entrepreneurs face ‘sticker shock’ about their post-financing ownership. They do not recognize that they may have already contractually sold a meaningful portion of equity in their company.