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This thread is about Tinyseed so I won't hijack it with a defense of calling Earnest predatory (folks can read the terms, decide for themselves https://earnestc
by tylertringas 8y ago
This thread is about Tinyseed so I won't hijack it with a defense of calling Earnest predatory (folks can read the terms, decide for themselves https://earnestcapital.com/shared-earnings-agreement-digging-into-the-numbers/ https://earnestcapital.com/shared-earnings-agreement-digging...).
Uncritically believing that investing in software companies can only ever be a "hits driven business" is the reason why there is such a giant gap in the market that Tinyseed, Earnest, Indie VC, and lots more coming will fill.
The big disadvantage of trying to shoe horn every business into being a unicorn is that you cause a lot more founders to fail by forcing them to try to grow fast enough to raise the next round or flame out trying.