debt

2 statements across 2 episodes · 1 bullish · 0 bearish · 2 people on the record · first statement Dec 1, 2021 by Paul Ong · across every show →

Everything said about debt, oldest first

Dec 1, 2021 neutral
Insight
Venture debt taboo largely stems from founders' unfamiliarity and fear of default
“At the end of the day, I think a big reason why sometimes debt has a little bit of a taboo is because if you're unfamiliar with borrowing, or if you're borrowing, you know, too much, you always fear a situation in which, you know, what happens if things go sou…”
Paul Ong Dec 1, 2021 ▶ 22:29 300 Portfolio Companies Later, 22 Became Unicorns Without Diluting
Jul 23, 2024 positive
Insight
Sekinger: Use debt exclusively to produce wealth, never for consumption
“The big thing is you got to use debt for purposes of increasing your wealth, not being a consumer. So you can decide to be a producer with the debt, or you can be a consumer with the debt. Don't use that to be a consumer. Use that to invest into things that ca…”
Jeff Sekinger Jul 23, 2024 ▶ 34:40 You Can't Shoot a Cannon From a Canoe and He Proved It at $60M
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