U.S. Startups Taking on Debt
With all due respect to the OP, I think debt is amazing and a great and sensible solution of financing a company - that VCs want to distract you from for their own benefit.<p>If all factors point into the right direction, why would you give VCs a free ride with a steaming train instead of just going all in yourself and personally taking on a bank loan? (especially in the way more conservative and less trigger happy VC environment in Europe)<p>No doubt it&#x27;s hard (due to much heavier regulations around bank loans), but with the right KPIs it&#x27;s really not much harder than raising a round.<p>Sociomantic did it. We did it too - and by now financed our own Series B with revenue.<p>Way too many people trying to build a startup instead of building a company...