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> ...in which case what do you do? https://earnestcapital.com/what-we-invest-in/ https://earnestcapital.com/what-we-invest-in/ is one such "not vc" VC (?) "We
by ignoramous 6y ago
> ...in which case what do you do?
https://earnestcapital.com/what-we-invest-in/ https://earnestcapital.com/what-we-invest-in/ is one such "not vc" VC (?)
"We are not the best fit investors for founders who have a business plan of raising millions more in capital every 12 to 18 months. We’re not opposed to our founders raising more capital later on, but we have a strong preference for opportunities where the Plan A after raising from us is to get to break-even and grow the business through cashflows. Typically founders raising more than $2m will not be a fit for us."
- brianwawok 6y agoI like it, there is a definite need for this kind of investing in the market. No you can't launch an Uber or AirBNB in a crowded marketplace like this, but not all marketplaces are as crowded.