The Covid-19 pandemic has triggered a “black swan” event for the global startup and innovation ecosystem. Investors and entrepreneurs alike are preparing for a worst case scenario, including stress testing revenue scenarios, reducing operating expenses, and bolstering liquidity to make sure you have sufficient runway to make it to the “new normal”.
VCs and investors are focused on their existing portfolio, and as a result, raising equity during the crisis is very difficult. What other options do entrepreneurs have outside of equity? Specialist banks and venture and growth lenders have been standard in the US and increasingly available in markets internationally, such as Australia and New Zealand.
Please join Silicon Valley Bank, the bank for the global innovation economy, and one of the pioneers of venture debt in the US, and Partners For Growth, who have been been providing debt to high growth innovative companies globally from their operations in San Francisco and Sydney, for a discussion on alternative sources of capital during the pandemic. Topics that will be covered include:
-What is venture debt and how does it work?
-What sorts of companies can access venture debt and at what stages?
-How do I consider venture debt versus equity and what do the differences mean for my company?
-What are some of the typical terms and conditions and pricing?
-How has venture debt changed in light of the Covid-19 crisis?
REGISTER TODAY to join us for this much-anticipated virtual event via Zoom.