Re:DigitalOcean raises $100M in debt as it scales toward rev...
by nl on Thursday February 20, 2020 @10:21PM
(#22380693)
1. Using the word “raise” when talking about financing via debt seems inappropriate and very start-upy. This is a low cost of capital line of credit, is it not (due to their infrastructure and broad customer base)?
It's interesting that debt finance has increasingly become a way mid-sized startups are funding expansion.
It's interesting that debt finance has increasingly become a way mid-sized startups are funding expansion.
Headspace raised $53M VC funding and $40M debt the other day too: https://techcrunch.com/2020/02/12/headspace-raises-53-millio...