AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
Brian Parks of Bigfoot Capital on Early Stage Debt
The Capital Stack
The Economics of Non Bank Venture Debt
So what's a non bank venture debt? Is that like a credit fund? Yeah. Right. So they'll probably price low, low into mid teens with more coverage. But for us, it's kind of mid teens pricing. That's where we end up, you know, cash on cash. And so then so what's the, what does the company pay and what do you kind of kick out? Like what's the kind of like the economics of these facilities?Yeah. I think it's a really underserved underserved market. These kind of earlier stage SaaS companies that can't get bank debt because they don't want venture funding or they doesn't want to be
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode