Lighter Capital's loan required no warrants, only key-person life insurance
Aaron Rubin · Shiphero Raised $50m last week, inside their metrics · Jul 7, 2021 · at 12:23
ShipHero founder Aaron Rubin details the terms and conditions of ShipHero's non-dilutive loan from Lighter Capital.
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“It's three year term. So it's like fantastic. I'm like anything else where you kind of stuck with them because you got warrants or you got a board seat, no board seat, no warrants. Only weird bit was I had to get life insurance for myself,”
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