Networking with a purpose

Much enjoyed LAVA's networking breakfast this morning. Not only meeting interesting people (whose response is pretty uniformly enthusiastic:), but learned some new stuff about blending equity and debt in a startup (pretty tough to do at the seed stage apparently, but there's loads and loads of loans and debt out there if you're already a going concern).

It's also interesting to look at debt from a corporate standpoint instead of from a personal standpoint and to assess the long-term costs of your equity deals against long-term costs from debt.

Also interesting to start learning just how many different kinds of debt there is out there. (Hint: it's a LOT) There's a good amount of it that just won't be right for us, but there are definitely some credit/debt facilities that may prove to have a much lower overall cost than comparable amounts of equity dollars.

All a part of the education.