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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. Similar to the explosion of seed funds in the past decade, we (and some limited partners too ) believe these Flexible VCs are on the forefront of what will become a major segment of the venture ecosystem. FLEXIBLE VC VS. OTHER VENTURE CAPITAL MODELS.

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Startup Business Model Considerations

SoCal CTO

Team – higher requirements for caliber of team members Product – focus on truly differentiated and not me-too Market – is it really big enough to provide investor returns** Traction – need more users, partners, patents, etc Timing – are you building for yesterday or 2 yrs from now? Business - how are you actually going to make money?

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The investment that didn’t happen

K9 Ventures

Their business model was to provide retailers with a new interface for shopping for soft goods — something that hasn’t changed a whole lot since Web 1.0. I helped introduce the company to various angels and lead the effort to form a syndicate for their fund-raising round. Modista had built Shopping 2.0.

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Behind Every Great Product

SVPG

From Microsoft she went on to Netscape, where she was responsible for marketing of the Netscape Browser, and then LoudCloud, and now I’m happy to say she’s been my partner at SVPG for over a decade, and she also teaches marketing at UC Berkeley. Legal wasn't used to distribution via IP enabled devices.

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