The YC of India Writes 47 Checks at $100k each for 5%, $2.5m Valuation
SaaS Interviews with CEOs, Startups, Founders
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Is There Any Recurrence?
SaaS Boomi is a non-dilutive debt company. Founder: "We just don't get any equity" SaaS founders have to pay back between 5 and 7% of monthly revenues after year one, depending on how much capital they raise. The founder says he has no recourse if the company goes bankrupt or can't pay you in full.
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