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Flexible VCs With Structures Between Equity and Revenue-Based Investing

David Teten

This is a legal framework designed to harness the entrepreneurial power of for-profit enterprise while preserving a company’s essential purpose. Purpose Ventures’ deal structures are bespoke to each company. “Our By ‘structured exit’ we mean that investors can achieve liquidity without necessitating the sale of a company.

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Cracking The Code: The Bessemer 10 laws of SaaS - Fall 2008.

Cracking the Code

Only after reaching $1M in CMRR should you consider hiring European sales and services execs behind customer demand. Be prepared to cross the desert - SaaS requires R&D and sales expense up front for a multi-year stream of revenue, so it demands enough investment capital to fund 4+ years of runway. Posted by Philippe Botteri.