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A comment on Boards are dangerous to founder/CEOs. Parent comment

Re:Boards are dangerous to founder/CEOs by martinald on Thursday November 25, 2021 @12:35AM (#29338501)
Well, go back a few decades and all businesses were pretty much debt financed. VC wasn't around - maybe a few friends and family rounds, but bank debt was the only option for growing a business (at least until you got to the public markets).

This seems to have been lost over the past 20+ years. I wouldn't even think about going to a bank with a smallish business for financing, you'd instantly think of equity funding instead. Hopefully this changes because debt really is more sensible for many startups.

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Re:Boards are dangerous to founder/CEOs by JanisL on Thursday November 25, 2021 @10:19AM (#29342065)
The last time I went to a bank I remember thinking the loan terms were pretty bad for the business I was involved in relative to equity approaches. Why do you think there's been a shift towards equity financing? I wasn't looking at anything in this space a few decades ago, is it because debt financing options are worse or equity better?
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