Venture Debt: Poison For Startups Or The Antidote To The VC Drought?

“Do you think companies in Silicon Valley should take more debt?” Chamath Palihapitiya, Founder of Social Capital, asked me bluntly during an interview in Mountain View a few months ago.

We were at the headquarters of one of Chamath’s most promising climate tech startups – Mitra Chem – perched awkwardly around a table on the factory floor surrounded by millions of dollars of state of the art equipment. We were discussing Mitra Chem’s eye-watering $40 million Series B. READ MORE