Remove Bridge Financing Remove Burn Rate Remove Entrepreneur Remove Operations
article thumbnail

Startups and VCs Should Avoid “Pier” Funding

Both Sides of the Table

The industry jargon for convertible debt is a “bridge loan&# or “bridge financing.&# It’s called a bridge loan because it’s meant to provide enough capital to bridge you from your last round of funding until your next round of funding. But no doubt their bodies feel the stress.

Startup 290