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jey, I think we sort of lost each other. I have nothing against equity financing.
by cool-RR 18y ago
jey, I think we sort of lost each other. I have nothing against equity financing.
- jey 18y agoSorry, my main point got lost in my comment: I can't see the argument in favor of debt financing for a startup.
- cool-RR 18y agoI didn't suggest debt financing for a start-up. I suggest debt for funding the entrepreneur's living expenses. I agree that if the entrepreneur actually starts a start-up proper, he would do best by financing it using equity. But most entrepreneurish activity is not a start-up proper - Just little things you try and that sometimes evolve into big projects. It's hard to sell equity out of those.