Warrants
topic on 2 shows · 3 statements across 3 episodes
3 statements about Warrants, every show
Warrant-backed venture debt becomes drastically more expensive for successful startups
“The trade-off being there that, that often, if you're doing well, that ends up being a much, much more expensive debt. If you're, if you don't do well, then that ends up being cheaper debt because the exchange in exchange for the warrants, you don't, You pay a…”
BlackSoil holds equity warrants in 15 to 20 of its portfolio companies
“Ah, I think around 15, 15 to 20 transactions.”