About software funding and "organic software"

I got an email yesterday from Reflect Notes (MPU thread) that they’re doing a community round of fundraising. Goal is to do nothing more than pay a dividend. It’s an interesting approach to what I assume is the problem of ‘only’ having 1.5k paying customers to fund development, and wanting to avoid needing to make the product fit a market of the size demanded by VC funds and board members.

Sharing this link for the detail it provides, not to invite investment.

Direct link to SEC filings (some interesting numbers):

https://www.sec.gov/Archives/edgar/data/1949524/000167025422001054/0001670254-22-001054-index.htm

1 Like