I'm curious whether the issue is that there isn't an appetite among LPs for lower-risk, lower-yield investment, or that the indie.vc terms didn't enable enough upside or liquidity?
If it's not VC and it's not loans, what is the answer for funding growth at post-revenue companies that don't fit the hyperscaling model?
If it's not VC and it's not loans, what is the answer for funding growth at post-revenue companies that don't fit the hyperscaling model?