Always good to see more capital structures and options for both founders and investors. I think this case could really benefit from some concrete examples (numb

Always good to see more capital structures and options for both founders and investors. I think this case could really benefit from some concrete examples (numbers) of deal terms, and also scenarios in which bootstrappers would want to accept this kind of capital. The YC->VC model is well understood, but it’s not clear when and why bootstrappers would want to raise money under these terms. (I note he’s interested in hearing from a 500MRR company in the comments, is this the target market?)