The Social Radars cover image

Eric Migicovsky, Founder, Pebble & Beeper

The Social Radars

CHAPTER

Navigating the Pitfalls of Venture Debt

This chapter examines the difficulties encountered after securing venture debt from Silicon Valley Bank, particularly when used for operational expenses. It reflects on the tumultuous events of 2016, including layoffs and product launches, while exploring alternative strategies that could have been pursued to stabilize the company.

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