There’s no such thing as “indie venture capital”—indie, is fundamentally incompatible with equity investment. https://ind.ie/manifesto
@markrendle @arielmichaeli That’s what we need to change. It’s possible but it won’t be Venture Capital. What we need is Indie Capital.
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@aral@markrendle I'm in! -
@arielmichaeli@markrendle Neat :) We need to make that a thing: revenue-based financing must be seen as a viable alternative.
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@aral@markrendle a large pool of contributors would be ideal but then revenue per contributed is low. Plan needs some polish still. -
@arielmichaeli@markrendle Lets keep chatting. Flat out preparing launch/crowdfunding for 8th. Will have more headspace after. -
@aral@markrendle certainly.
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@aral@markrendle I've been thinking of a combo of time-based rev share + loan style money upfront deals. More fair and sustainable.Thanks. Twitter will use this to make your timeline better. UndoUndo
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