Flexible VC, a New Model for Companies Targeting Profitability
David Teten
JANUARY 19, 2021
That said, nothing is cost-free. More complex cost of capital calculation. This causes the cost of capital for Flexible VC, often calculated through IRR (similar to an interest rate), can be higher than that of venture debt or traditional RBI. Typically promissory note or non-voting common stock, with covenants.
78 
Let's personalize your content