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Venture Debt for Deep Tech: Financing the Future(latimes.com)
6 points by petethomas 11 hours ago | 2 comments
lordforever 10 hours ago | parent [-]

what happens if this debt go to zero, i.e. company fails which mostly do, like where does that money go, who is liable?

johncole 9 hours ago | parent [-]

The company declares bankruptcy, the money is gone. Same as an equity investment.