Flexible VCs With Structures Between Equity and Revenue-Based Investing
David Teten
JANUARY 21, 2021
is one of the early and most well-known Flexible VCs, based out of Salt Lake City, Utah. 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.
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