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Elsewhere it looks like SVB was required to be used as per other commenters in this thread: https://news.ycombinator.com/item?id=35129692 https://news.ycombinat
by gusgus01 4y ago
Elsewhere it looks like SVB was required to be used as per other commenters in this thread: https://news.ycombinator.com/item?id=35129692 https://news.ycombinator.com/item?id=35129692
So yeah, not a better interest rate but the ability to get a venture debt line at all was predicated in banking at SVB.