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(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. This essay is part of a series on alternative VC: I: Revenue-Based Investing: a new option for founders who care about control. II: Who are the major Revenue-Based Investing VCs? IV: Should your new VC fund use Revenue-Based Investing?
I was making about half as much money as I did as a software developer, which wasn't great, but it was like, okay, this is all right. But when I switched from that to online ordering the revenue and the business tripled with the same customer base and, and I realized just how much friction there was in the ordering process.
Brad Feld: Feld is co-founder and managing director of Foundry Group, a Boulder, Colorado venture capital firm that focuses on early stage investments ranging from $250,000 to $500,000. He goes on to add, “Having revenue is even better, though not applicable to every startup … Passion, skill, vision and maturity really matter.&#
He is a self-taught softwareengineer and technologist. Having founded active campaign as a means to fund his education, Jason pursued a degree in fine arts until shifting his focus entirely to growing the company and his self-taught softwareengineer and technologist. So Jason, welcome back to the show.
And then I, of course, need revenue for this." I think that what shouldn't be lost in there is that Bitwise's model fundamentally is about how do we raise up folks from a story of poverty, folks from communities of color, women, to be softwareengineers. And so she had an Academy. "I So she started a co-working space.
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