David Teten

JANUARY 21, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. This essay is part of a series on alternative VC: I: Revenue-Based Investing: a new option for founders who care about control. III: Why are Revenue-Based VCs investing in so many women and underrepresented founders?

Equity 78

Equity Revenue Cofounder Colorado 78

Up and Running

JUNE 14, 2017

It worked by enticing app users to recycle, which earned them points they could redeem for rewards from local businesses. The end user of the application was those who recycled, however, the recycling and reward redemption process required partnerships with recycling facilities, local businesses, and government agencies.

Technical Review 96

Technical Review Distribution Redemption Demand 96

Lightspeed Venture Partners

OCTOBER 14, 2012

But this constraint is at odds with the founders vision. The entrepreneur was very wishy-washy, and didn’t defend himself well when holes were poked in his business plan. One of the cofounders, the sweatier one, said that he was interested in equity upside. In practice, you usually see redemptions go the other way.

Equity 164

Equity Dilution Redemption Distribution 164