Fundraising5 min read
Venture Debt: How It Works, When It Extends Your Runway, and What It Costs
Venture debt buys more runway with far less dilution than raising more equity, but it is debt and behaves like debt when things get hard. Here is how it is sized and priced, how lenders decide, when it fits, and the risks founders underweight.
By Olubunmi Nmerenu, ACA
