Evaluation of Indie VC Terms with Luni Libes + Geoff Harris

One of the four critical factors of an venture investment is the structure of the deal. The traditional Preferred Equity agreement or the newer Convertible notes or SAFE Agreements all focus on a specific kind of company. There are a small number of companies that these structures support. The folks at Indie.vc have come up with a set of deal terms that provide a new set of deal terms, which open up a significantly different set of opportunities. These terms have a lot in common with the Equity Redemption deal terms that Luni Libes has been using at Fledge.co, a local impact company accelerator. We will have a discussion by Luni Libes of Fledge and Geoff Harris of Flying Fish Capital about the pros and cons of the Indie.vc terms.

Luni Libes is the founder of Fledge.co, an Impact Accelerator which is now in several cities around the world. An regular inhabitant of Impact Hub Seattle, he came from the tech industry and has spent several years working on programs to support Impact businesses.

Geoff Harris is a former Manager at Microsoft and alumni of the Seattle Angel Conference. He is a partner at Flying Fish Ventures, a new Series A Venture Capital Firm in Seattle.