Flexible VC, a New Model for Companies Targeting Profitability
David Teten
JANUARY 19, 2021
Coinvestors: Flexible VC terms have not been standardized, which may make the investment harder to syndicate. This does not account for the value of any residual stake investors may retain after full redemption. John Berger observed, “In many countries (like the US) you can’t force a board to make a redemption payment or dividend.
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