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Master of Customer Acquisition, Matt Coffin, On Startups …

Both Sides of the Table

He tells the story of how he was out of cash, stressed out, nobody in LA or Silicon Valley would give him money, he had finally found an investor in Minneapolis but his venture bank was going to shut him down for breaking a “covenant&# in their agreement by not having enough cash in the bank. The answer? And he said ok got it.

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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. Similar to the explosion of seed funds in the past decade, we (and some limited partners too ) believe these Flexible VCs are on the forefront of what will become a major segment of the venture ecosystem. Of the Inc. 5000 companies, only 6.5% return cap.

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Who are the Major Revenue-Based Investing VCs?

David Teten

In 2019 we partnered with several revenue-based lending providers, effectively creating a marketplace. “. We collect more data on an individual business than, to our knowledge, any other RBI investor, through our application process, data partners, and various public sources online. The average monthly operating expenses is $70,335.

Revenue 60
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The need for a board grows with complexity

Berkonomics

Then along comes either money or contracts from strategic or financial investors or partners. The operations of the corporation become more complex. Bank loans with restrictive covenants are taken on. Ownership is spread among several classes of investors. The number of employees grows.

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Your need for a board grows with complexity.

Berkonomics

Then along comes either money or contracts from strategic or financial investors or partners. The operations of the corporation become more complex. Bank loans with restrictive covenants are taken on. Ownership is spread among several classes of investors. The number of employees grows.

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One More Time: No NDAs

dashes.com

If I honor your NDA, and I meet a great investor or potential employee or valuable partner for your new venture, I wouldnt be able to tell them about it. The same goes for "non-competes" or non- solicitation covenants. The trick worked and the hyper-sophisticated AC system hummed into operation, but he was still challenged.

NDA 52
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How to Negotiate a Partner Role at a Venture Capital or Private Equity Firm

David Teten

It’s hard enough to get a job at a venture capital or private equity firm; it’s even more complex to join as a Partner. Sean Seton-Rogers, Partner, Profounders Capital, breaks the conversation into three areas: Control: voting/veto for new deals, share of management company. So assessing fit is critical. What should the firm do?