Flexible VC, a New Model for Companies Targeting Profitability
David Teten
JANUARY 19, 2021
In all these cases, capital is provided to fuel forecasted growth without creating a commitment to a particular vision for future funding rounds, exit goals, and associated blitzscaling. Typically promissory note or non-voting common stock, with covenants. Hard covenants with potentially strict penalties. . Cash collateral.
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