Ajay Hattangdi: Alteria prices venture debt in mid-teens with equity kickers
Ajay Hattangdi · 100xEntrepreneur| Episode 22 | Ajay Hattangdi Managing Partner and Co-founder of Alteria Capital · Aug 14, 2019 · at 12:17
Ajay Hattangdi, Managing Partner at Alteria Capital, breaks down how venture debt firms blend interest rates and equity warrants for returns.
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“We price the loan in the mid teens and the balance portion of it, the return that we expect, we get it through a contingent sort of a payout as part by taking some equity kickers.”
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