3 ms·
A pre-revenue biotech startup I worked for had a venture loan from SVB that had some equity-like covenants but was primarily backed by our IP. I don't see why s
by mikeyouse 12y ago
A pre-revenue biotech startup I worked for had a venture loan from SVB that had some equity-like covenants but was primarily backed by our IP. I don't see why something like that couldn't work with software companies as well if they have IP worth protecting.
- bjelkeman-again 12y agoHow did they get to the point of having IP in the first place? Who paid for that work?
- dnautics 12y agoIf it was biotech, the answer to that question is probably, "you", nih grants at a university, or an SBIR, from some government entity.