David Teten

JANUARY 19, 2021

More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. From traditional equity VC, Flexible VC borrows the option to pursue and reap the rewards of an outsized exit. Flexible VC 101: Equity Meets Revenue Share. Equity Ownership. Yes, typically preferred equity. Example VC.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

View from Seed

APRIL 30, 2015

Glen Mello: Venture debt is a good complement to equity. It’s generally got a lower cost compared to equity capital and can help support growth. So it makes it a lot more challenging when you have debt on the books that isn’t as longer term as equity. Traction and revenue? What are some pros and cons?

Term Sheet 120

Term Sheet Equity Startup Seed Stage 120

View from Seed

JANUARY 26, 2016

Just yesterday, for instance, we saw a company raising a seed round that has no product and two founders … and we also saw a company raising a seed with hundreds of thousands of dollars of monthly revenue. Third, founders at this stage have an incentive to minimize dilution at the point when their equity is the least valuable.

Seed Stage 120

Seed Stage Early Stage Cofounder Finance 120

Rob Go

AUGUST 26, 2013

Post-product, early customer data, somtimes real revenue. Often priced equity, but often convertible note. As a result, many seed funds have pulled back, started making later stage investments, and even focusing more on mini-Series A’s with a syndicate of seed funds. More often these days, there are more like $1.5M

Valuation 68

Valuation Seed Stage Syndicate Syndication 68

www.paulgraham.com

APRIL 28, 2010

There never has to be atime when you have no revenues. Some angel investors join together in syndicates. Whatkind of anti-dilution protection do they want? It costs you a little more equity, but being able to play the two firms off each other (as well as ask one if the other is being out of line) is invaluable.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

Professor VC

JUNE 20, 2011

But of course, the model had us requiring only $10M equity to breakeven and to achieve $185M in revenues in 2008 (the magic Year 5 in all business plans). At this time, we had secured a term sheet from a co-investor from one of my other angel investments (Thanks, Graeme!) So what does this all mean.

San Jose 28

San Jose Angel Investor Term Sheet Venture Capital 28