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There's a pretty big difference between a diner in a small town and a global media/technology company. Both could be unprofitable, but only one has large potent
by jbail 9y ago
There's a pretty big difference between a diner in a small town and a global media/technology company. Both could be unprofitable, but only one has large potential upside in terms of both profit and business exit.
- codingdave 9y agoAnd that would matter to a VC. But a bank isn't looking for a big exit... just to get their loan back with some interest payments. Which is why they consider not only the business itself, but the credit history of owners, and their assets.