mezzanine debt
2 statements across 2 episodes · 1 bullish · 0 bearish · 2 people on the record · first statement Nov 21, 2018 by Matt Ellis · across every show →
Everything said about mezzanine debt, oldest first
Nov 21, 2018 positive
Ellis: Mezzanine debt adds leverage and reduces dilution ahead of next round
“There's a leverage limit to what the venture debt people will give you, and then you can generally get more debt from a mezzanine provider, and you'll pay a higher, much higher rate of interest, maybe three or four times what you pay on the venture debt, but y…”