This is a really interesting model that has been tried a couple times in venture. Probably most notable is Upside (https://www.upsidevc.com https://www.upsidevc

This is a really interesting model that has been tried a couple times in venture. Probably most notable is Upside (https://www.upsidevc.com https://www.upsidevc.com). Curious to get your thoughts on them + why you decided to go the founder exchange approach as opposed to raising a fund?