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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. Flexible VC 101: Equity Meets Revenue Share. His work on VC and small communities can be found at greatercolorado.vc/blog. Of the Inc. 5000 companies, only 6.5%

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Startup Founder Agreements

blog.simeonov.com

Most partners, be they lawyers or VCs, tend to tweak the standard with their own language. It outlines key points of agreement between founders around IP ownership, equity ownership, vesting, etc. Those related to other matters: IP assignment, invention disclosure, non-solicitation, non-competition, termination, etc.

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