In software at least, a bunch of startups have been able to extend their runway because of debt. For saas, lenders have given a bunch of these guys loans though that money is starting to run out.
The tide is going out for venture backed startups. As someone who has conservatively built profitable e-commerce businesses in the space while these fake successes were celebrated, I am happy to see this. H/t to @TaylorHoliday for the business insider article on Outdoor Voices.pic.twitter.com/zibgUV4qeV
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Any notable examples of large pre-profitability companies raising debt to cover an equity raise shortfall?
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