Comment Comment by michaelbuckbee This post is describing a structural issue on the funding side of new ventures: -- bootstrapping is very hard- traditional credit/loans aren't structured well for the "mid" type risks of starting software businesses (not much collateral)- and on the VC side there is much less opportunity for the Unicorn 1 in 10 exits.Tackling this problem are two funds that I didn't see mentioned in either the article or the comments so far: TinySeed and Calm Fund.https://tinyseed.com/thesishttps://calmfund.com/shared-earnings-agreementBroadly both invest much less than a traditional VC would and are compensated differently. The details are different (and matter) between the two but it's more along the lines of profit sharing than looking for big exits. parent michaelbuckbee 4 years ago
- bootstrapping is very hard
- traditional credit/loans aren't structured well for the "mid" type risks of starting software businesses (not much collateral)
- and on the VC side there is much less opportunity for the Unicorn 1 in 10 exits.
Tackling this problem are two funds that I didn't see mentioned in either the article or the comments so far: TinySeed and Calm Fund.
https://tinyseed.com/thesis
https://calmfund.com/shared-earnings-agreement
Broadly both invest much less than a traditional VC would and are compensated differently. The details are different (and matter) between the two but it's more along the lines of profit sharing than looking for big exits.