REGISTER: Overlooked Sources of Capital in the Startup Ecosystem at Wharton San Fran
In the latest discussion curated by the Wharton Entrepreneurs Workshop, Wharton San Francisco will host two authoritative figures in the financing industry, Jim Mitchell and Andy Hirsch, for an event that will looks at the state of financing in the modern start up ecosystem on April 17.
The workshop is titled “Venture Debt and Non-Venture Debt: Overlooked Sources of Capital in the Startup Ecosystem.” It will focus on venture lending and bank lending, which are essential elements in the array of financing alternatives available to early stage companies.
The publicity today in the tech community tends to focus on crowd funding, incubators, angels, venture capital and the like as the principal sources of financing. However, for startups on a growth path that are beyond their first institutional venture investment, debt financing in the form of venture lending and bank loans/lines of credit become an attractive source of capital that is less dilutive than equity financing and relatively easy to access.
Mitchell, WG’75, a co-founder of Meier Mitchell & Company, a cornerstone venture lending business in Silicon Valley, and Andy Hirsch, a senior partner in the Finance Group at Wilson Sonsini will speak to debt financing trends in the tech community.
They will cover the pros and cons of both venture lending and bank financing and the circumstances where an executive should actively seek out debt financing in lieu of equity. Additionally, some of the basic terms that characterize both venture debt and bank financing will also be explained so that everyone shares the same vocabulary.
The event will be held at 2 Harrison Street, 6th Floor from 7:15 am – 9 am. You can register for the event here.
