Walker: Refine Labs funded its hypergrowth using mezzanine debt, not VC
Chris Walker · He grew to $22M ARR in 4 years—but regrets spending so much on growth. | Chris Walker, Founder of... · PMF Show · Jun 17, 2024 · at 36:09
Chris Walker, founder of Refine Labs, explains his financing strategy and perspective on bootstrapping using mezzanine debt.
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“No institutional capital. We did take on mezzanine debt which is, I don't really consider that. It's still bootstrapping from my perspective mainly to fund this, like, really accelerated growth in terms of hiring people and things like that.”
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