David Teten

JANUARY 19, 2021

Flexible VC creates early liquidity which can be either reinvested or distributed to LPs. Coinvestors: Flexible VC terms have not been standardized, which may make the investment harder to syndicate. Early liquidity. Equity VC is a “get rich slow” business. Particular application in impact capital.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Austin Startup

MARCH 7, 2021

Or are they running to a fresh perspective, a massive talent pool, and an innovation culture that balances social impact with global domination? In 2019 and 2020, we saw hundreds of millions of dollars in non-dilutive funding go to Texas startups, most of which had never worked with the government before.

Texas 90

Texas San Antonio Houston Dallas 90

Austin Startup

AUGUST 1, 2017

By driving the valuation up, you’re usually not reducing your dilution in the round; you’re just increasing the size of the check they need to write in order to get to their desired %. This is the distributed portfolio mindset; i’ve got stakes in a lot of companies, so it’s OK if most fail, as long as I get at least one unicorn.

Liquidation Preference 48

Liquidation Preference Common Stock Valuation Silicon Valley 48