The End of Indie

I&#x27;m curious whether the issue is that there isn&#x27;t an appetite among LPs for lower-risk, lower-yield investment, or that the indie.vc terms didn&#x27;t enable enough upside or liquidity?<p>If it&#x27;s not VC and it&#x27;s not loans, what is the answer for funding growth at post-revenue companies that don&#x27;t fit the hyperscaling model?

This is a shame, we had the opportunity to meet with Bryce. He comes across as someone who has thought deeply about the space and was in it for the right reasons.<p>I’m struggling to imagine why LPs wouldn’t want Indie.VC investing in profitable companies. I had thought LPs had different buckets they try to invest their portfolio in. It makes sense that Indie.VC wouldn’t fit the mold of the “1% chance at 100x” but you would think they’d be a great fit for the “50% chance for 5x” bucket.<p>There probably isn’t a single reason, but I’d be interested in learning more about the LP &lt;&gt; VC dynamic in general if anyone has any insights.

that sucks. I will miss their flaming unicorn. Wishing Bryce the best in his next ventures.