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Lending from traditional institutions requires a business model that has profitability in its future. Most of these VC backed companies are high risk so even i
by godzillabrennus 10y ago
Lending from traditional institutions requires a business model that has profitability in its future. Most of these VC backed companies are high risk so even if a few VC funds get together and label a business at $1B in valuation that doesn't mean traditional businesses will.