"Our investment is also structured as a line of equity; meaning, you only draw down the amount of capital you need, when you need it." This is revolutionary.

"Our investment is also structured as a line of equity; meaning, you only draw down the amount of capital you need, when you need it." This is revolutionary. Whether indie.vc works out or not, this is how funding startups should work. The developers who draw the least funding and the investors who provide the most funding should receive the most equity. Does anyone know how much equity each startup receives if it draws the full $100,000? Will it be 50% to developers and 50% to investors, or some other ratio? Hypothetically if they add a second round someday, could it work in a similar fashion, where if the startup draws another $100,000, its equity falls to say somewhere between 0 and 25%? This would probably be nonlinear and depend on a lot of factors (which basically means don’t count on it!)