[HN Gopher] The End of Indie
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       The End of Indie
        
       Author : _pius
       Score  : 53 points
       Date   : 2021-03-02 18:39 UTC (4 hours ago)
        
 (HTM) web link (medium.com)
 (TXT) w3m dump (medium.com)
        
       | slowernet wrote:
       | I'm curious whether the issue is that there isn't an appetite
       | among LPs for lower-risk, lower-yield investment, or that the
       | indie.vc terms didn't enable enough upside or liquidity?
       | 
       | If it's not VC and it's not loans, what is the answer for funding
       | growth at post-revenue companies that don't fit the hyperscaling
       | model?
        
         | mritchie712 wrote:
         | Debt and "factoring" (e.g. Pipe[1]) are becoming good options
         | for SaaS companies that might not "qualify" for VC. I started
         | compiling the lenders / fintechs that focus on SaaS here [0].
         | 
         | 0 - https://www.trypaper.io 1 - https://www.pipe.com
        
           | algo_trader wrote:
           | trypaper.io is nice
           | 
           | What exactly happens if u miss payments on these loans? (Do
           | they write it off, negotiate equity, extend and pretend ?)
        
             | mritchie712 wrote:
             | It depends on the lender. Some of the larger ones take
             | "warrants" to help protect against this. Most lenders
             | (believe it or not) will want to negotiate terms that help
             | you get back on track.
        
         | jitbit wrote:
         | > what is the answer for funding growth at post-revenue
         | companies that don't fit the hyperscaling model?
         | 
         | Lots of alternatives emerging these days, like
         | https://tinyseed.com/ or https://earnestcapital.com/ (haven't
         | worked with the latter, but worked with the former)
        
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       (page generated 2021-03-02 23:03 UTC)