article thumbnail

How VCs Think About Adding New Partners

Both Sides of the Table

Helped merge company with Seedling – on track to do $20 million combined revenue in 2015 – will now become Chairman). People often ask me what VCs look for when we hire partners and many have asked how to become VCs themselves one day. That turns out to be much more difficult than non-investors often imagine.

Partner 408
article thumbnail

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. All Earnest investments are made using the Shared Earnings Agreement (SEAL) – a custom salary/profit share structure, aligned with how most bootstrapped founders are compensated.

Equity 78
article thumbnail

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. Unless every aspect of product development is covered by founders who are only receiving equity, there are other parts of building a product that will require hiring highly qualified people.