I agree with you, however in most cases debt is cheaper than equity, and it is an alternative that is rarely looked at by founders. Entrepreneurs take VC terms

I agree with you, however in most cases debt is cheaper than equity, and it is an alternative that is rarely looked at by founders. Entrepreneurs take VC terms at face value without thinking twice. As the space gets more and more competitive with non-traditional early stage / growth investors (i.e. hedge funds, strategics) I believe we will see a lot more creative deal structures and terms that are more favorable to entrepreneurs