2min chapter

Clearer Thinking with Spencer Greenberg cover image

Decision-Making Under Uncertainty and Entrepreneurship (with Miles Lasater)

Clearer Thinking with Spencer Greenberg

CHAPTER

Is There a Middle Ground Between Venture Capital and Small Business Lending?

Power law thinking suggests that there isn't much of an in between between venture investing where you're buying equity and a small business lending. But what about just valuing those businesses on cash flow? Wouldn't that make sense from an equity perspective? Yeah. I think that sounds right to me.

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