Revenue-based financing is a strong alternative structure for high-risk investments in emerging markets With few exceptions, venture capital has used the same preferred equity structure for decades. While this “one-size-fits-all” approach to financing has its advantages, it is often an inappropriate structure. This is particularly true in non-OECD […]
Tag: revenue-based financing
Top Challenges for New Fund Managers
First time fund managers have some unique and significant challenges When I met with hundreds of LPs to pitch them on our first fund, Unitus Seed Fund, one of the largest obstacles was the fact that we were “first-time fund managers.” We had years of relevant experience with: Personal angel investing Participating in fund investment […]