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Flexible VCs With Structures Between Equity and Revenue-Based Investing

David Teten

They have open-sourced their investment structure , now on version 3.0, In 2015, they invested $1m (out of OATV Fund III) in 8 companie s as a pilot. Purpose Ventures’ deal structures are bespoke to each company. . —– Indie.vc which functions similar to a convertible note and revenue share. .

Equity 78
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The Pre-Seed FAQ

K9 Ventures

A follow-up post, titled The Seeds Have Changed: An Epilogue , on June 5, 2015, explained this further: Pre-Seed is the New Seed. In order for a company to attract a full Seed round ($2M – $3M), that company needs to show an almost completed product, an advanced prototype, or some kind of traction/demand metrics.