Venture Debt: How to Use It Well (and When to Avoid It)
Venture debt is non-dilutive capital on top of a priced equity round. Here's how term sheets, warrants, covenants, and drawdown mechanics actually work.
Whether you're raising your first round or building an investment thesis, structured investor education accelerates better decisions. Our guides cover VC evaluation, due diligence, portfolio construction, and the practical skills founders need to navigate capital markets.
Browse investor education articles to level up your venture capital knowledge.
Venture debt is non-dilutive capital on top of a priced equity round. Here's how term sheets, warrants, covenants, and drawdown mechanics actually work.
Vesting defines when you actually own your equity. Here's how 4-year schedules, 1-year cliffs, single/double-trigger acceleration, and early exercise work.
An angel investor is an individual who invests personal capital in early-stage companies. Here's how to find, vet, and negotiate with them.
LPs are the investors in VC funds. Understanding who they are, how they allocate, and what they want is critical for GPs, founders, and anyone building in venture.
ARR is the most misreported number in SaaS. Here's how to compute ARR, MRR, bookings, and billings — and the mistakes that damage investor trust.
CAC, LTV, and CAC payback are the core SaaS unit-economics metrics. Here's how to compute them honestly and what benchmarks matter for 2026 fundraising.