Cap Table Government Small Business Syndication 
David Teten
JANUARY 19, 2021
Eligible for favorable treatment under Qualified Small Business Stock exemption, if structured as equity. Flexible VCs also offer investors some of the same advantages as RBI: Clear return expectations : The return cap is a stated multiple of the investment, typically 2-5x. . Governance.
www.paulgraham.com
APRIL 28, 2010
company has to be more than small and newly founded to be astartup. There are millions of small businesses in America, butonly a few thousand are startups. To be a startup, a company hasto be a product business, not a service business. Some angel investors join together in syndicates. No, not generally.A
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