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Take only “smart money” investments

Berkonomics

We have previously made the case that professional investors demand more in the form of restrictive covenants and lower valuations. Each of these companies needed more cash than professional angel investors were willing or able to provide, and we turned to the venture community for larger investments.

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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

His work on VC and small communities can be found at greatercolorado.vc/blog. Lower level of community familiarity. Typically promissory note or non-voting common stock, with covenants. Hard covenants with potentially strict penalties. . (co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund.

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The Community Comeback: 14 Ways Local Leaders Are Reshaping America

YoungUpstarts

by Quint Studer, author of “ Building A Vibrant Community: How Citizen-Powered Change Is Reshaping America “ America’s small towns are doing really big things. One of the most crucial hidden truths about the community comeback is who’s driving it: civic-minded entrepreneurs and private citizens of every stripe.

America 100
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Master of Customer Acquisition, Matt Coffin, On Startups …

Both Sides of the Table

He tells the story of how he was out of cash, stressed out, nobody in LA or Silicon Valley would give him money, he had finally found an investor in Minneapolis but his venture bank was going to shut him down for breaking a “covenant&# in their agreement by not having enough cash in the bank. The answer?

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Who are the Major Revenue-Based Investing VCs?

David Teten

Like other RBI firms, Decathlon does not require warrants, governance involvement, or the types of financial covenants that are often associated with other venture debt type solutions. Unlike many RBI investors, a full 50% of our investment activity is in non-tech businesses. Key elements: . “We

Revenue 60
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Take only “smart money” investments

Berkonomics

We have previously made the case that professional investors demand more in the form of restrictive covenants and lower valuations. Each of these companies needed more cash than professional angel investors were willing or able to provide, and we turned to the venture community for larger investments.

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Welcome to 2019

Feld Thoughts

I’ve signed up for the 2019 Cowtown Marathon (Fort Worth) in February and the Covenant Health Knoxville Marathon (Knoxville) at the end of March. Later today I’ll wander over to the Carriage House (where my writing space is) and put in two hours on The Startup Community Way which I’m getting pretty excited about.