debt
2 statements across 1 episodes · 1 bullish · 0 bearish · 2 people on the record · first statement Mar 6, 2018 by Carolynn Levy · across every show →
Everything said about debt, oldest first
Mar 6, 2018
Levy: SAFEs are not debt, accrue no interest, and lack maturity dates
“One of the most important things, I say this a lot, the safe is not a loan. It is not debt. It does not accrue interest. There is no right to be repaid at some point in the future at some maturity date. So please don't call it a safe note.”
Mar 6, 2018 positive
Ralston: SAFEs beat debt because debt allows investors to kill viable startups
“About lifestyle companies and why I think the safe is preferred in general to debt is because we've seen too many times where the fact that there's debt there is used to kill a company that didn't have to die. And it's too easy for investors to call that debt …”