3 ms·
It's very different types of money. Both are dangerous but vc money is considerably less dangerous (imo). If you take someone like Fortress as your capital grou
by neom 3y ago
It's very different types of money. Both are dangerous but vc money is considerably less dangerous (imo). If you take someone like Fortress as your capital group (credit line) you're going to lose the company if you f up, period. With VC, you have more latitude to have a conversation. We ran a very difficult path to build DO, I'm sure a lot of people lost sleep many nights, but if you're very sure about the business, credit facilities can be helpful, just know they're not joke. Neither is better or worse than the other, they're different but both useful. My point was if you are sure about the business credit facilities can be really helpful and are under explored for many startups (granted HW is often a factor in credit)