INSUBCONTINENT EXCLUSIVE:
companies are hoping entrepreneurs will ask themselves as they begin to think about collecting outside capital for their businesses
capital by the end of 2019
Now, Capital is launching to educate founders about the possibility of debt funding.Founded by former Draper Fisher Jurvetson (now known as
Threshold Ventures) investor Blair Silverberg, Csaba Konkoly and Chris Olivares, Capital is launching today with $5 million from Future
Ventures, Greycroft, Wavemaker and others
Machine, determines if businesses have the growth potential necessary for an infusion of debt (by analyzing revenue and other financial
considerations), then delivers term sheets within 24 hours
The expedited process cuts out the time-consuming elements of pitching venture capitalists, the company says, allowing businesses to go from
Step two is you can now use that to compare your financing options
The company has ambitions of becoming a holistic investment bank of sorts, says Silverberg, ready and willing to advise companies on
fundraising possibilities and connect them with VCs for future deals.Historically, Silverberg explains, venture capital dollars went to
risky upstarts poised to disrupt a category
Silicon Valley and beyond
In reality, much of that capital is plowed into things like Facebook and Google to fuel digital ad campaigns, which is not how VC is
intended to be used and can result in founders taking a company public with just a few percentage points of ownership.Solutions like
