Yes, pre-payment is debt - but it converts to revenue when you ship. Revenue = good thing for a seed stage company.https://twitter.com/bgurley/status/642858800697864193 …
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Replying to @zackkanter
@zackkanter@pmarca@bgurley it's also a really cheap source of capital.1 reply 0 retweets 0 likes -
Replying to @Travel_Buddha
@Travel_Buddha@pmarca@bgurley a founder-turned-VC once told me to look for money from revenue>friends/fam>banks>loan sharks>then VCs

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@Travel_Buddha @pmarca @bgurley I wouldn't agree with the order but it's hard to argue with revenue in first place. Non-dilutive capital.
9:40 PM - 12 Sep 2015
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