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Venture debt is really just a loan you can get from a bank that is "backed" by the reputation of a VC you've already raised money from. Normally the bank gets s

by mrkurt 10y ago

Venture debt is really just a loan you can get from a bank that is "backed" by the reputation of a VC you've already raised money from. Normally the bank gets some warrants as well, but it's just a loan. And it's not accessible to companies with the $10k/mo in revenue that indie.vc looks for.

projectramo 10y ago
That's true, but it doesn't sound too different. Are you saying that this money is not "just a loan," that can be paid off at liquidity or through monthly cash. $10k/mo is very small for a loan. Does that mean that indie.vc has some other way of doing diligence? That's the main reason the bank won't lend to such a small company.