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Very neat Tyler, love the attention to the non-VC funding space. Besides the no equity position of Earnest, could you do a quick compare/contrast with TinySeed
by ljoshua 8y ago
Very neat Tyler, love the attention to the non-VC funding space.
Besides the no equity position of Earnest, could you do a quick compare/contrast with TinySeed, of similar ilk and recency?
- tylertringas 8y agoSpecific to the funding model, we both do a kind of profit-share, with the main difference being that Earnest's repayment will usually happen earlier (assuming the business is successful) but is capped, Tinyseed payments would be smaller in the earlier years and keep growing over time perpetually. Neither one is "better" and I probably wouldn't advise founders to choose between an offer from both on the basis of just the funding model. If you're successful with either model you definitely won't be upset about the details of which model you went with.