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Flexible VCs With Structures Between Equity and Revenue-Based Investing

David Teten

—– UP Fund is a rolling venture fund launched in Q4 2020, and part of global SaaS accelerator Upekkha, based in India. Purpose Ventures’ deal structures are bespoke to each company. Region: Global with focus on Europe and US . More on Reformation and their insights can be found on their Medium blog.

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Cracking The Code: The Bessemer 10 laws of SaaS - Fall 2008.

Cracking the Code

Only after reaching $1M in CMRR should you consider hiring European sales and services execs behind customer demand. Be prepared to cross the desert - SaaS requires R&D and sales expense up front for a multi-year stream of revenue, so it demands enough investment capital to fund 4+ years of runway. Philippe Botteri.