I’ve written several blog posts about Revenue-Based Financing. For easier reference I’m collecting a variety of links here. I’ve updated this page as of July 2026. Some of the links have expired, but most are still relevant. Sadly, not much has changed in the RBF landscape, at least not a whole lot of growth, so much of what has been written by me and others still applies.
Blog Posts
RBF links (external)
Luni Libes, (who sold me on the RBF concept); his book on Amazon; his ACA webinar.
RevUP Capital – uses debt-structured RBF; full disclosure, I’m a limited partner (LP) in two RevUp funds.
Indie.vc – They’ve published their term sheet here, a sample cap table here, a more detailed explanation of their model here, and a podcast featuring indie.vc founder Bryce Roberts here.
TechCrunch article focusing on Lighter Capital
Business Insider article by Jonathan Shokrian about focusing on slower growth and profitability
The Revenue Based Working Group (RBWG) has an email list and a Facebook page (where they are called the Revenue Based Financing Network.
There’s a fund called Founders First Capital Partners based in San Diego that invests using RBF. Kim Folsom, their founder and CEO, did a webinar for RBWG, but I don’t know whether it was recorded.
Another angel group doing RBF: Based in Idaho, Sage Growth Capital. Their webinar from early 2020, and another for the RBWG. These seem to require registration, so not sure whether they’re still available.
Earnest Capital has a different plan based on earnings, not top-line revenues.
Novel Capital has a page of resources on their site site.
Jay Batson with Sal Daher on AngelInvestBoston talking about RBF.
Action Innovation Network recorded a live Webinar I did for them: How Investors Are Using Revenue-Based Financing