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>Their first round was debt financing. Are you suggesting that Wasabi might go away because, maybe, this is not the "traditional" valley model?
by ibejoeb 9y ago
>Their first round was debt financing.
Are you suggesting that Wasabi might go away because, maybe, this is not the "traditional" valley model?
- ericflo 9y agoMany, many startups in the valley have raised on convertible notes (aka debt) first.
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- ibejoeb 9y agoIndeed. That's what I don't understand. Nothing about the funding is notable. Convertible notes were all the rage a few years back, too. It was all over the blogs and HN.