Debt, Equity, or Both? A Cost of Capital Framework for Founders
Every founder eventually asks some version of the same question: should I raise equity, take on debt, or do both? Most founders answer it by comparing which instrument looks cheaper…
Every founder eventually asks some version of the same question: should I raise equity, take on debt, or do both? Most founders answer it by comparing which instrument looks cheaper…
Ask a founder how long their raise will take and you will usually hear one month, maybe two, maybe three. Ask again four months in and the answer has changed.Carlos…