Entrepreneurs who are lucky enough to receive funding from a Venture Capital firm are eligible for a double whammy: Venture Debt. This obscure form of funding isn’t even tracked by the National Venture Capital Association, which publishes market data and statistics on venture capital. According to Maurice Werdegar, the CEO of Western Technology Investment, venture debt makes up about 10% of the venture market, and it’s growing every year. If Werdegar’s figures are right, this means that over $8B was lent as venture debt in 2017. Venture debt is a debt offering in which a fund lends a set percentage of the last equity raise.

Source: Forbes May 13, 2018 12:56 UTC