@stefan@stefanbohacek.online just a quibble, but venture funding is structurally a different financial vehicle than debt. they can sometimes function similarly, but it’s incorrect at a technical level to equate them. (One key reason that it matters: it’s generally illegal in most jurisdictions to have a debt that requires a return above ~1.3x, which would be abject failure for VC.)
@stefan@stefanbohacek.online just a quibble, but venture funding is structurally a different financial vehicle than debt. they can sometimes function similarly, but it’s incorrect at a technical level to equate them. (One key reason that it matters: it’s generally illegal in most jurisdictions to have a debt that requires a return above ~1.3x, which would be abject failure for VC.)