Of interest to all the Jedi on minds.
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For those #entrepreneurs in the #vc world. There's this phrase "hard equity" which means investment directly to by some of the shares of a company. This isn't "hard". Its not a "hard" asset like #gold or land at all. Its hilarious that we consider this a "hard" deal. In reality, its only because of the complexity of convertible notes and SAFE notes and derisking that we say it. #2021isweird.
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More from Dr. J. Lane

For those #entrepreneurs in the #vc world. There's this phrase "hard equity" which means investment directly to by some of the shares of a company. This isn't "hard". Its not a "hard" asset like #gold or land at all. Its hilarious that we consider this a "hard" deal. In reality, its only because of the complexity of convertible notes and SAFE notes and derisking that we say it. #2021isweird.
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Only Minds+ users can see this post

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