Venture debt lenders will play a big role in fire sales and startup shutdown this year, experts say

TechCrunch
By Marina TemkinFeb 1, 2025, 11:00 am300 pts
When accounting startup Bench abruptly failed last month, the shutdown was forced when the company’s lenders called in the startup’s loan. In late 2023, the digital freight company Convoy faced financial challenges, leading venture lending firm Hercules Capital to assume control of the company to recover…

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