4 ms·
> There's a huge unstated detail there: to access that non-unicorn capital you need to be recurring revenue SaaS. Agreed. I know almost a dozen actually cashf
by bsder 5y ago
> There's a huge unstated detail there: to access that non-unicorn capital you need to be recurring revenue SaaS.
Agreed. I know almost a dozen actually cashflow-positive companies that want to take some investment in order to expand and can't get anyone to call them back.
The reason why there seems to be a "shortage of good companies" is because the VCs are all chasing the exact same very narrow niche formula.
- skmurphy 5y agoThey should contact firms like Lighter Capital who make Revenue-Based Financing loans.