Flexible VC, a New Model for Companies Targeting Profitability
David Teten
JANUARY 19, 2021
Flexible VC creates early liquidity which can be either reinvested or distributed to LPs. Tim O’Reilly, CEO, O’Reilly Media, argues , “Blitzscaling isn’t really a recipe for success but rather survivorship bias masquerading as a strategy.” Typically promissory note or non-voting common stock, with covenants. Early liquidity.
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