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Venture Debt for Deep Tech: Financing the Future
(
latimes.com
)
6 points by
petethomas
1 days ago
|
2 comments
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lordforever 1 days ago
[-]
what happens if this debt go to zero, i.e. company fails which mostly do, like where does that money go, who is liable?
johncole 1 days ago
[-]
The company declares bankruptcy, the money is gone. Same as an equity investment.