venture debt

“So yeah, it doesn't come with dilution, but it does come with more strings attached. So even though I don't even have financial covenants, as I said, you still can't just go out and go create new entities and go buy other companies without our approval.”

“Anyone who's going to try to refinance you and help get you out of that position is oftentimes going to look at you on a, lever you on a revenue basis. So if you raised ten million bucks, but you only got, and you took three million, but you only got to two or…”

“If you're going to get ventured at, you probably have to have raised around within the last quarter or two.”

“And it's worth noting that the way they size kind of their facilities is as basically a percentage of the equity round. Again, back to 10, three, they may lend you a third, 25% to a third of your Equity round.”

“Typically from when our capital comes in, we will only fund businesses with a fully funded business plan with our capital, right?”

“Companies that were raising money in the 18 to 24 month cadence that raised money in 21, 22, right? At higher multiples are coming up for raising capital now in the equity markets, and they're seeing their multiples compress quite a bit. So Debt has become a s…”

“They work more with loans. They work with venture debt more than I think digital companies do.”