>>"Sometimes people just want the assets the company has" If I take a loan to buy a home, I would be considered to be in debt. In the start up world, if you ta

>>"Sometimes people just want the assets the company has" If I take a loan to buy a home, I would be considered to be in debt. In the start up world, if you take money from some one, they think about it as their valuation increasing. This weird word acrobatics is used to take what is a bad condition as something that is awesome. Like Confucius said- "Beginning of wisdom is to call things by their correct names". Call it what it is. Its a debt, and nobody in the history of the world who didn't make money(profits) was able to pay off their debts. One can find a greater fool, and in fact that is exactly what happened in PayTMs case. The VC just recovered their money from retail investors.