Flexible VC, a New Model for Companies Targeting Profitability
David Teten
JANUARY 19, 2021
Eligible for favorable treatment under Qualified Small Business Stock exemption, if structured as equity. This applies if the investment converts into common stock; details are beyond this essay’s scope. has open-sourced their investment structure , now on version 3.0, Founder retains control. Governance. Cash collateral.
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