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It’s also quite possible to raise money on non-VC terms. Say 80% of profit until recoup + 10% CAGR hurdle then 5% of profit. Away obviously takes some capital t
by formercoder 7y ago
It’s also quite possible to raise money on non-VC terms. Say 80% of profit until recoup + 10% CAGR hurdle then 5% of profit. Away obviously takes some capital to get going which a founder may not have but this structure doesn’t enslave you to a unicorn valuation.