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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. From RBI, Flexible VCs borrow the ability to reap meaningful returns without demanding founders build for an exit. By tying payments to actual revenues, founders and investors remain aligned around the company’s real-time performance, good or bad.

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ESADE Business School Commencement Speech

Steve Blank

I like the guy because he’s credited with coining the word entrepreneur. Unfortunately as we’ve learned from recent experience, using Return on Net Assets and IRR as proxies for efficiency and execution won’t save a company when their industry encounters creative disruption. I’m sure many of you have heard his name.

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What Did I Learn From the First VC Check I Ever Wrote?

Both Sides of the Table

It proved to be fortuitous because it allowed me the time & space I needed to get to know tons of founders and VCs and to hone my craft. The advantage is that in many of our best deals we now have $50+ million invested so we can really support entrepreneurs as their businesses scale.

IP 223
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Paul Graham and The World Out There

This is going to be BIG.

Every time he opens his mouth about founder diversity, he seems completely out of his league to address the topic. The biggest question I think VC''s face right now is whether or not, in the future, the best founders will look and act like the best founders of the past. YC''s best investing days may be behind it.

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Should you raise traditional VC or Revenue-Based Investing VC?

David Teten

Most founders who are raising capital look first to traditional equity VCs. RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance. But should they? Less or no dilution.

Revenue 60
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Pioneering Women in Venture Capital: Kathryn Gould

Steve Blank

Kathryn has been the founding VP of Marketing of Oracle , a successful recruiter, a world class Venture Capitalist, a co-founder of a Venture Capital firm, a great board member, one of my mentors and most importantly a wonderful friend. Or one of the first women co-founders of a VC firm – “I co-founded a great firm.”

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Current Startup Market Emotional Biases

Feld Thoughts

“Many Unicorn founders and CEOs have never experienced a difficult fundraising environment — they have only known success. Entrepreneurs and CEOs should make the hard call today and take the poison and move on. Why is this so hard for us a humans, entrepreneurs, investors, and everyone else involved?