Shrija Agrawal
Jan 01, 2024 12:12 PM IST
The investment thesis of venture debt is different from venture equity, and founders need to comprehend it fully before jumping on the bandwagon
Private credit is turning out to be quite the superstar in the private capital space. As a form of lending that lies outside the traditional banking system (lenders work directly with borrowers to negotiate privately held loans, it seems to be having a good run. At least $4 billion was reportedly deployed across select transactions in the first half of 2023, according to Ernst and Young (EY), one of the big four accounting firms.