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Private Debt Financing for Small Business: Fast Capital, Real Costs

StartupNation

However, its growing popularity reflects fundamental changes in how businesses access financing, particularly as traditional lenders pull back. Since the 2008 financial crash, banks have been steadily retreating from small business lending. Still, this form of financing is no panacea.

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Instead of sticking a fork in the venture market, realize. there is no fork

This is going to be BIG.

Did I mention it only took the founder a month? David's firm most recently participated in the $77 million second round financing of SoFi, a one year old startup focusing on student loans. I suppose, more specifically, the bubble ended in the last two weeks of September--right after this financing. This is a relationship game.

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On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

I recently spoke at the Founder Showcase at the request of Adeo Ressi. I said that at the Founder Showcase, too. And for many of these they were (over) funded 7-10 years ago and don’t necessarily all represent great returns for investors or founders. I said, “It’s much easier now than it was in 2008/09.&#

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This Week in VC – Scott Painter, CEO of Zag & TrueCar

Both Sides of the Table

He’s personally led more than 50 financing rounds. Scott’s first big foray into industry-changing companies came with CarsDirect, an IdeaLab company where he was the initial founder & CEO. Founded in 2008 in Santa Monica by Ron Goldman (former CRO of shopping.com) and Rahul Sonnad. Current round: $4.

VC
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How to Manage a Startup Through Troubling Times

Entrepreneurs' Organization

Like the downturns in 2008 and 2001, this has been a very trying time for entrepreneurs running startups. Alex Haro, co-founder of Life360 , one of the most downloaded apps of all time, went through many challenging times building up his startup into a public company. The pandemic of 2020 has tested most sectors of the economy.

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What’s Really Going on in the VC Industry? What Does it Mean for Startups?

Both Sides of the Table

So as of 2008 total LP commitments were still at nearly $250 billion. Our current fund was raised in 2008/09.] So angel and seed stage investors’ returns will be dependent on good times continuing or on the ability of their portfolio companies to get financed. The top quartile funds have performed well.

VC
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What I *Would Have* Said at TechCrunch Disrupt

Both Sides of the Table

And people like Jeff Clavier, Aydin Senkut, Dave McClure, Chris Sacca & Eric Paley (at Founder Collective) are leading the charge. Chris Sacca talked about how a $20 million exit can change a founder’s life and that shouldn’t be scoffed at. Or when the economy turns downward and they all need financing extensions?