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So is the idea that they acquire the company for debt they place in the company and then they offer a complete suite of fintech products (including servicing th
by TimPC 3y ago
So is the idea that they acquire the company for debt they place in the company and then they offer a complete suite of fintech products (including servicing that debt) to each of the companies they acquire? They aren’t too worried about giving away much of the company because with the debt inside the company the valuation is near zero? But if the employees can successfully grow the company it represents a decent return since they’ll be able to share 80% equity.