Britton: Eight-Figure Revenue Businesses Should Use Debt Over Mispriced Equity
Matt Britton · 924 How to Spin a Million Dollar SaaS Company Out of Media Agency · Feb 3, 2018 · at 12:22
Matt Britton explains to Nathan Latka why CrowdTap chose debt financing over equity funding in 2015.
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“Sometimes you raise debt financing versus equity financing, not so much because you can't raise equity financing, but because you can't have the right valuation. And you, and with a business that has, you know, eight figure meaningful revenue, you're, you have the cashflow that you can pay it back, which we did.”
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