There's an adage that says your first job as a startup CEO is to make sure your company never runs out of cash. But when financing a growing company, venture debt can be a great supplement to venture capital and in some cases may be a necessity. Much has been written to help founders think through venture capital, but venture debt remains a bit of a black box. That's why we partnered with our friends at Columbia Lake Partners, a leading European venture debt fund, to put together a white paper that helps startups approach venture debt in a thoughtful way.
