Couldn’t have happened to nicer folks, incidentally. I’ve been a happy user for many years; does exactly what you want as a business trying to use video w/o having to become a hosting expert yourself.
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They also have the single best piece of (I hate this word) content marketing ever done in a non-textual format: https://wistia.com/learn/production/shooting-video-with-an-iphone … It’s both informative and (persuasively!) gets users over the “I can’t produce real video because I am insufficiently well-geared” hump.
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Debt & equity are fundamentally different things from entrepreneur's perspective. You pay high interest rates for venture debt but assuming things go well, you can pay debt back with no equity dilution.
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Is there a list or a blog post somewhere of more companies that do this?
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Great to hear. I took a chance this AM and responded to their email "how likely are you to recommend us", and now I'm glad I did. It's almost like the decision to go freelance on a large scale.
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Accel-KKR doing a all debt deal?
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I’ve heard horror stories of loan-to-own and forcing defaults to take equity, just FYI unscrupulous VCs will definitely do this
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