Business Model Covenant Government Small Business 
David Teten
JANUARY 19, 2021
Eligible for favorable treatment under Qualified Small Business Stock exemption, if structured as equity. Typical business stage. An already proven business model and its already valuable assets. Typical business model. Governance. Hard covenants with potentially strict penalties. .
David Teten
AUGUST 19, 2019
I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. Unlike many RBI investors, a full 50% of our investment activity is in non-tech businesses. This structure offers some of the benefits of traditional equity VC, without some of the negatives of equity VC.
Expert insights. Personalized for you.
78 
Let's personalize your content