debt providers

2 statements across 2 episodes · 0 bullish · 1 bearish · 2 people on the record · first statement Jun 11, 2020 by Nathan Latka · across every show →

Everything said about debt providers, oldest first

Jun 11, 2020 neutral
Insight
Why Financing Providers Cannot Help Bootstrapped Startups Lacking Unit Economics
“Is this is why a lot of these companies, these providers can't be helpful to bootstrap SaaS or even marketplace founders is you just don't have historical economics built out.”
Nathan Latka Jun 11, 2020 ▶ 16:40 Festival Version of ClassPass Targeting $500k Seed, 1000's of Consumers, 100's of Events
Oct 21, 2022 negative
Insight
Benson: Debt lenders often demand faster repayment when business slows down
“That, that providers love to give you an umbrella when it's not raining and take away the umbrella once it starts raining. Perfect. So they, when times are bad, they'll often demand you pay back faster and they'll have terms in your contract.”
Steve Benson Oct 21, 2022 ▶ 28:25 How I hit $5m ARR, kept control using 3 different debt providers
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