article thumbnail

More Tech Startups are LLCs

Austin Startup

Background Reading: When LLCs Make Sense for Startups Not Building a Unicorn If you have spent almost any time reading about the basics of startup legal issues, you know that Delaware C-corps are the default organizational structure for a “classic” tech startup (software, hardware) planning to raise angel/VC money and scale.

article thumbnail

Flexible VCs With Structures Between Equity and Revenue-Based Investing

David Teten

According to a recent interview with Founding Partner Andrew Oved, Reformation invests in SaaS (vertical and application software) and consumer product businesses that have achieved $1M-$5M in annualized revenue, while operating capital efficiently. 20% initial ownership.

Equity 78
article thumbnail

TNW Profile: Credictive founder Ela Madej on being ‘a woman in tech’, Rainbows and Unicorns

The Next Web

Both my parents and my sister are software engineers … I actually have female co-founders in my companies – an amazing developer & manager Agata (also included in that Top 100 list) and Socha, an architect-turned-designer. Wanted to be a high-energy physicist and dreamt of working in CERN with the LHC. That it’s sad.