Billy Libby, CEO/Co-Founder at Upper90 – The Future of Debt, Credit, & Venture Capital
Fintech Leaders
How to Deal With Faults in Venture Capital
In the VC model once you make the investment you know money is out and it might or might not return but part of your underwriting is that a good percentage will go to zero. So if you're backing companies with equity and credit how do you deal with the faults that are inevitable? Everything is harder now like there's no easy money and everything is more difficult so when I think about where we come in as upper 90 we're not the first check.
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