Flexible VCs With Structures Between Equity and Revenue-Based Investing
David Teten
JANUARY 21, 2021
VI: Revenue-based financing: The next step for private equity and early-stage investment. —– Reformation Partners is a new investment firm founded by three partners who spun out of FirstMark Capital ($3B AUM firm which was an early investor in Shopify, Pinterest, and Riot Games). 20% initial ownership.
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