Flexible VC, a New Model for Companies Targeting Profitability
David Teten
JANUARY 19, 2021
Less established regulatory framework. . This does not account for the value of any residual stake investors may retain after full redemption. John Berger observed, “In many countries (like the US) you can’t force a board to make a redemption payment or dividend. Doesn’t fit into traditional VC funds. Personal guarantees.
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