6min chapter

SaaS Interviews with CEOs, Startups, Founders cover image

Henry Schuck turned down $40m for 70% when he was 24

SaaS Interviews with CEOs, Startups, Founders

CHAPTER

Private Equity Deals - What's the Difference Between Equity and Debt?

The company's 35 million dollars of revenue. It's growing 60 %, and it has 50 % bit of margins. And so when private equity firms do a deal like that, they can increase their return if they fund a part of the deal with debt. Ah, and the company pays the debt down, but it juices their return because the debt doesn't participate in the upsidei just reading faces to see if people are following. The'll follow along. Ok, help us understand, just quickly, touch on this debt on the back of an equity round. Was it te s v b sort of deals back then? Or who'd you go with on the debt side?It was a

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