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Wait, why is VC the only option? What happened to the old fashioned way of getting money, taking a business loan?
by s73v3r 11y ago
Wait, why is VC the only option? What happened to the old fashioned way of getting money, taking a business loan?
- pge 11y agoIt depends on your business model. For companies that require capital to build product before being able to sell, and thus don't have near term positive cash flow to pay off loans, debt is usually impossible to find. Only equity capital (i.e. VC or angel money) is willing to take that risk.