native

Indie consultant -> venture contributor

I think I’m sold on the term

Oooo I like that too

iirc, Sweat Equity Ventures was built around this thesis that you could work for equity instead of investing dollars upfront

Easy to look at and ask, "Aren't those just advisory shares?" - but building a firm around it seems like a much bigger endeavor 

Don't really know where they're at today, but remember researching their founder Dan Portillo in 2020-ish

seeker /native /believein /bedrock 🇵🇸

Oooo I like that too

iirc, Sweat Equity Ventures was built around this thesis that you could work for equity instead of investing dollars upfront

Easy to look at and ask, "Aren't those just advisory shares?" - but building a firm around it seems like a much bigger endeavor 

Don't really know where they're at today, but remember researching their founder Dan Portillo in 2020-ish

https://www.sweatequity.vc/

this is cool. i think work + small check (for skin in the game), which could convert into a larger slice of equity after a year of working together might work well.

It's definitely an interesting idea, and I think you should try it!

The hard thing about this would be the lack of diversification - VCs and angels typically invest in many companies so they can afford for 9 out of 10 to go to zero

In this case, you'd be devoting a year of your life to each company, maybe getting less equity than you'd get if you were a FT employee, *and* you'd be "making fewer investments" than a fund/angel would → may be hard to get the returns you imagine