Re:Silicon Valley's best kept secret: Founder liquidity
by kelnos on Wednesday June 12, 2024 @08:57PM
(#40664839)
I think it'd be pretty rare for a bank to accept equity in a series A startup as collateral for a loan.
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Re:Silicon Valley's best kept secret: Founder liquidity
by andrewmutz on Wednesday June 12, 2024 @10:33PM
(#40665366)
And even if it did, it wouldn't really derisk much for the founder, which was the original purpose of taking money off the table.