Loans -- NO! A common thing I see in most of Europe is that everyone assumes that loans can only be good. Few have seen how much they have destroyed people's l

Loans -- NO! A common thing I see in most of Europe is that everyone assumes that loans can only be good. Few have seen how much they have destroyed people's lives as has been increasingly happening in the US. Add to that, most of Europe blacklists anyone who files for bankruptcy from ever starting a company again. If anything, follow the example of UK's SEIS program, which requires fully at-risk investments (not loans or any kind of liquidation priority.) Loans are a terrible idea, a huge step in the wrong direction.