4 ms·
The last point - 3 years of income - is a huge stumbling block for so many (myself included) but it is a trivial hurdle for many VCs. Is there a VC model that
by lifeisstillgood 5y ago
The last point - 3 years of income - is a huge stumbling block for so many (myself included) but it is a trivial hurdle for many VCs. Is there a VC model that says "seed capital for many, and low continuous returns from 30% of investments"
It won't return billions but the maths seems sane (I did suggest that there is room globally for a "million startups fund")
- 4thethrillofit 5y agoThis is why it does make sense to take preseed and seed capital. It gives you the cushion necessary to make the right decisions for the business. Bootstrap to VC is a continuous spectrum as opposed to the black and white decision most would have you believe. There are so many more financing options available to viable businesses than before - startup studios, revenue based financing and many more (eg angel.clearbanc.com)
- lifeisstillgood 5y agoThis may sound a dumb question on HN but is there a primer on all this?
- 4thethrillofit 5y agoIt's a lot of exploration and learning as you get deeper into it. Many resources out there that are scattered about. It should be easier!
- jmarks1992 5y agoTake a look at https://calmfund.com/ https://calmfund.com/ — it’s basically the model you mention.
- 4thethrillofit 5y agoYea! Tyler is great, highly recommend it. More truly founder friendly funds are sorely needed.