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Rajen Ruparellleft a comment
Like it a lot, fills a massive need for entrepreneurs that want to scale their e-commerce business without giving away the farm. Pros: Great anti-dilution model for raising capital, allows entrepreneurs to keep equity and focus on their business Cons: Best used for marketing spend (FB, Twitter) and May not be the best tool for companies raising for long term R&D only
The 20-Min Term SheetFundraising evolved
