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. Versatile is an aggressive user of technology internally to manage the firm and make better investments. . Purpose Ventures’ deal structures are bespoke to each company.
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