article thumbnail

Flexible VC, a New Model for Companies Targeting Profitability

David Teten

Tim O’Reilly, CEO, O’Reilly Media, argues , “Blitzscaling isn’t really a recipe for success but rather survivorship bias masquerading as a strategy.” Typically promissory note or non-voting common stock, with covenants. Hard covenants with potentially strict penalties. . Flexible VC offers you this. Governance. Cash collateral.

article thumbnail

Legal Issues Behind Running A Small Business

YoungUpstarts

You would need sound legal advice from an attorney to ensure that you avoid nasty covenants in the lease. As a business owner, it is your responsibility to make sure that you are protecting your IP and not committing IP infringement. Intellectual property. Customer complaints.