The Truth About Bridge Loans
Need a loan? Ask your investors.
by Sam Hogg
Aug 01, 2015
2 minutes
“We’ll likely need a bridge.” That’s one of the most dreaded phrases we can hear from the CEOs of companies we invest in.
Bridge financing, put simply, is an IOU backed by the promise of raising more money in the future. When it happens, you’ll inevitably witness some VC gallows
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