Panic! At The Bank with Felix Salmon
What Future with Joshua Topolsky
Are We in a Recession?
There's a class of persons who will give money to a company that has a 90% chance of failing. Those people raised a lot of equity capital because lenders are smarter than that as a general rule. Do the your founders have to pay back their 10 million? I don't think so. It is definitely non-recourse.
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