Hi.

Happy holidays, everyone! We’ll be taking a break from now through early January, so we hope you and yours have a safe and wonderful holiday season.

In the meantime, a little food for thought: According to Sifted, two of the top 14 fastest growing fintechs in Europe are RBF providers, and I see 20-30 announcements of revenue-based deals every week. Reflecting on how there was limited awareness of RBF in the market even 3 years ago, these are incredible facts. The widening and maturing of the capital ecosystem to reflect the emergence of new business models and to serve entrepreneurs what they really need is a seismic shift.

Pay attention, folks. The moment for alternatives is here.