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.
1 reply 2 retweets 8 likes -
Replying to @aral
Let me state it unequivocally for the record: venture capital is the problem. Independent tech cannot be subsidised by equity investment.
7 replies 11 retweets 23 likes -
Replying to @arielmichaeli
@arielmichaeli@aral So true. I want to build a sustainable company that is a good place to work. Try getting investment with that pitch.2 replies 0 retweets 1 like -
Replying to @markrendle
@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.3 replies 0 retweets 0 likes -
@arielmichaeli @markrendle Neat :) We need to make that a thing: revenue-based financing must be seen as a viable alternative.
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