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Venture Debt

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NBER2024-03-01 更新2025-01-04 收录
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The provision of venture debt financing to growth-oriented startups which are backed by venture capital (VC) equity has been a bit of a puzzle given the lack of positive cash flows or traditional collateral of such startups. This short paper lays out the hurdles for debt to overcome to be a viable

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2024-03-01
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