Flexible VCs With Structures Between Equity and Revenue-Based Investing
David Teten
JANUARY 21, 2021
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. .
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