There’s no such thing as “indie venture capital”—indie, is fundamentally incompatible with equity investment. https://ind.ie/manifesto
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Replying to @aral
If you ever hear anyone talk about “indie venture capital”, know that it is whitewashing and we have nothing whatsoever to do with it.
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Replying to @aral
There are other possible forms of investment, like share of revenue, that don’t come with exits that compromise the social mission.
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Replying to @aral
Let me state it unequivocally for the record: venture capital is the problem. Independent tech cannot be subsidised by equity investment.
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Replying to @aral
@aral Do you think Buffer's approach is at least a little bit better? https://open.bufferapp.com/raising-3-5m-funding-valuation-term-sheet/ …2 replies 0 retweets 0 likes -
Replying to @Cesc_Vilanova
@Cesc_Vilanova (In the short-term, good to see stopgaps and the many shades of grey… long term requires true alternatives.)1 reply 0 retweets 0 likes -
Replying to @Cesc_Vilanova
@Cesc_Vilanova Share of revenue. Can work just like dividends. Just not equity, which requires an exit.3 replies 0 retweets 0 likes
@Cesc_Vilanova Good question.
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