Thanks for reading! We can't disclose the exact terms of the debt, but it's fairly traditional. The interest rate is higher than if we had years of profitabilit

Thanks for reading! We can't disclose the exact terms of the debt, but it's fairly traditional. The interest rate is higher than if we had years of profitability to show -- makes sense as that's the risk the lender is taking. Also, the team that did this is separate from their PE side. Slightly more details are here in this WSJ article: https://www.wsj.com/articles/ditch-the-venture-model-say-founders-who-buy-out-early-investors-to-make-a-clear-break-1531827001 https://www.wsj.com/articles/ditch-the-venture-model-say-fou...