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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

When the company hits potholes, Flexible VC investors usually don’t have the nuclear options of firing management and/or doing a recapitalization. Coinvestors: Flexible VC terms have not been standardized, which may make the investment harder to syndicate. which they co-developed with Fenwick & West. .

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The Silliness Of Recapping Seed Rounds

Feld Thoughts

So they recapitalize the company. If I was leading a gang of friends (that’s what I called it before the word syndicate started to be used), and that gang had put in $200k alongside my $25k, I’d encourage my gang to do the same, and they often did. And developing a reputation for recapping seed rounds is, in my book, silly.