I wonder how much the emergence of fintech is affecting this trend? Debt is a powerful, but often fairly complex, financial instrument. Much like venture capi

I wonder how much the emergence of fintech is affecting this trend? Debt is a powerful, but often fairly complex, financial instrument. Much like venture capital. The difference is that most folks in the financial industry are intimately familiar with debt but relatively unfamiliar with venture capital; or worse, to those coming from a PE background VC can often appear completely insane. The growth of fintech has indirectly added a whole cohort of founders and entrepreneurs who are much more likely to know how to work with debt and be able to use it in tandem (or in place of) venture capital.