Anthifel
NO FEE

Partner

We charge no fee to early stage companies. We come in as a shareholder in the business and start doing whatever the company needs.

The thresholds

Six conditions have to hold.

  • The company has revenue. Not product market fit in theory, but money coming in. The idea stage is a different problem and we are not the right people for it.
  • The founders are full time. A company with a part time founder cannot be made profitable by someone from outside it.
  • The cap table has room. Entering as the fifth adviser on a quarter of a percent wastes both parties' time.
  • The problem is operational. Where the difficult part is unproven deep technology, this work does not reach it.
  • We have worked together previously, or someone both parties trust recommends that we should. Equity based work runs on trust rather than on the contract.
  • You want someone in the room rather than a document.

This is not advice given from a distance. It is the same scope of work as Transformation, carried under a different financial structure.

Tell us what you are building →
The reading list

One piece a month. Nothing else.

What we are seeing inside companies, written up once a month for people who have to make the decisions. No product news, no newsletter about the newsletter.

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