Flexible VCs With Structures Between Equity and Revenue-Based Investing
David Teten
JANUARY 21, 2021
Jonathan sometimes refers to their investments as “micro-mezzanine” because “mezz is typically structured as a contractual periodic payment, with some equity-like upside, but subordinate to other debt… so most lenders look at it like equity. . 20% initial ownership. One third of them are growing over 50% y-o-y.
Let's personalize your content