When Startups Borrow, Their Risk Becomes Someone Else’s Asset
Follow-on venture debt rose from $4.7B to $12.3B. Bruce Bendell on why startup loans now sit in private credit portfolios and why they are so hard to sell.
Follow-on venture debt rose from $4.7B to $12.3B. Bruce Bendell on why startup loans now sit in private credit portfolios and why they are so hard to sell.