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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

In all these cases, capital is provided to fuel forecasted growth without creating a commitment to a particular vision for future funding rounds, exit goals, and associated blitzscaling. Typically promissory note or non-voting common stock, with covenants. Hard covenants with potentially strict penalties. . Governance.

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How should I finance my new venture? - Startups and angels: Along.

Tim Keane

How to prepare a sales forecast for a business plan » March 09, 2011.   Appropriate covenants.   Appropriate covenants. Startups and angels: Along the way to success. By Tim Keane, Angel Investor, Golden Angels Investors, LLC. « Leaving a Trail | Main. | How should I finance my new venture?

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Have you done your annual entrepreneurial health check?

NZ Entrepreneur

Additional funding requests – requesting funding over and above those forecast by the company can be a tell tale sign that all is not well. Breaching facility limits and covenants – this can take the form of a company breaching its overdraft facilities with multiple excesses each month.

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Accepting Outside Investors? Here Are 5 Things to Watch Out for in Your Contract

Up and Running

Covenants, a legal term that just means promises, are things you promise to do (known as affirmative covenants ) or promise not to do (known as negative covenants ) as the manager of the business. Any investor is going to want covenants in some form, and it’s not unreasonable that they do.