Yep, more later-stage companies are taking on venture debt

Venture debt has been much in the news lately. Earlier this month, for example, we learned that ModCloth, an online company that sells vintage women’s apparel, is being acquired by Jet.com for less than investors poured into the company — largely because ModCloth was tripped up by unsecured bank debt. More recently, we learned that after failing to land an investor or… Read More...