Flexible VCs With Structures Between Equity and Revenue-Based Investing
David Teten
JANUARY 21, 2021
(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. Jonathan sometimes refers to their investments as “micro-mezzanine” because “mezz is typically structured as a contractual periodic payment, with some equity-like upside, but subordinate to other debt… so most lenders look at it like equity.
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