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Venture Debt: The Implicit Contract Between Lenders and VCs

// Zack Mansfield

September 18, 2013 - In my first two posts on Understanding Venture Debt, I provided a general overview of different types of venture debt facilities and a brief look at the banks and funds that are actively involved in the space.  With this post I hope to shed some light on one of the less-obvious, but highly important, aspects of the venture debt landscape: the “implicit contract” between venture capitalists and venture lenders.
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Venture Debt: Banks and Funds

// Zack Mansfield

September 5, 2013 - In my first post in this series about Understanding Venture Debt, I provided a quick overview of the various types of debt facilities available to venture backed companies.  With this post I will provide an overview of two types of institutions which provide the debt financing and the relative cost of capital of each, as this plays a vitally important role on overall venture debt deal terms.
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Understanding Venture Debt

// Zack Mansfield

August 20, 2013 - There are several different forms of venture debt, and stepping back and viewing the issue at a high level makes sense in helping to understand the whole.  Venture debt ostensibly refers to debt financing which is offered to companies who have a professional investor as a significant equity-holder in the company.
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