Venture Capital for equity or debt?
I recently had a conversation with an old mate of mine, who told me that Venture Capital is much smarter with debt than equity. I am inclined to agree with him, however I feel that the added benefits to a first time investor of an experienced shareholder with interests in the company often far surpass the cost of giving away equity. What are your thoughts biggerpockets? Capital Debt, or Company Equity to VCs?