[revorad]

Very interesting analysis. As a bootstrapping founder, I am thinking about possibly raising funding at some point. So it's good to see new options coming out and some way of comparing them with existing options.

To the author - I wonder if you could use the data from the Open startups (sharing their numbers on Baremetrics) and see how different funding options, including Earnest capital's SEAL, would work out for them.

[wensing]

Yes, absolutely. The key question in my mind still (after finishing the article) is what startups actually WOULD be smart to take money on these terms (what kind of business model, unit economics, and growth trajectory would they have to have for it to make sense).

My guess is it's a narrower slice of the startup population than Earnest intends. And my prediction is they will update their terms to broaden the slice.