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Content
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Ben  - [C/x] pfp
Ben - [C/x]
@benersing
This is sobering.
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Jason pfp
Jason
@jachian
Wait a bridge loan? Like.. high interest, short duration, looking for the series A funding outcome??
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Ben  - [C/x] pfp
Ben - [C/x]
@benersing
It's often convertible debt. Typical is 8% interest, converts at a cap or 20% discount to next round.
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