Re:Advice to startup founders: prepare to fail
by hw on Sunday January 02, 2022 @02:10PM
(#29772397)
Why are folks so high on VC money, aside from having the network effects of a VC? Wouldn’t you rather get a bank loan if you have access to it without diluting equity?
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Re:Advice to startup founders: prepare to fail
by gumby on Sunday January 02, 2022 @02:39PM
(#29772790)
In the US debt financing is really only available for small businesses or well established ones.
There is an exception: there are specialized debt providers who lend specifically to venture funded businesses. I’m not sure if this is even an option outside the west coast.