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Hello, This is a fantastic idea and the value it creates in the right situation is huge. Can I ask, how is it different than Pipe? At face value their solution
by jacob_rezi 5y ago
Hello,
This is a fantastic idea and the value it creates in the right situation is huge. Can I ask, how is it different than Pipe? At face value their solution appeared great but the terms for qualification seemed to be unaligned with companies.
- rchachra 5y agoThank you! Pipe is revenue based financing focused on SaaS companies (Bill discounting) which means the company is pledging their revenue stream to Pipe. The 8vdX early stage venture debt is unsecured with founder friendly terms which includes 0% cash interest (we can take SAFE instead) and conversion of principal into equity instead of repayment.