I'm worried about the proliferation revenue-based credit in Silicon Valley. Traditionally credit needs one of the following (ideally two): 1) established histor

I'm worried about the proliferation revenue-based credit in Silicon Valley. Traditionally credit needs one of the following (ideally two): 1) established history of profit, not just revenue, and 2) collateral. How else are you supposed to convince creditors that you have the capability of paying it back? Stripe Capital, Brex just look at revenue streams. Easy credit is an obvious predictor of trouble. 2008 to bring a memorable example. Anyone here has plans for shorting corporate credit? Best I could come up with is LEAPS puts on $BKLN. I'm holding some small amount, will double down if things start going south. Wish I could short the revenue-based Silicon Valley style credit. That one is quite ridiculous.