Anyone who has watched Shark Tank will tell you that carrying debt is a major burden for
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Question:
Anyone who has watched Shark Tank will tell you that carrying debt is a major burden for a startup firm. Why is this?
Where does the line get drawn between deciding to take on debt compared to venture funding? Is there a specific number where it stands or is it dependent on the venture offer and the interest rates?
Expert Answer:
Answer rating: 100% (QA)
Carrying debt is a major burden for a startup firm Startup firms are new to the market and thier products and services are trying to penetrate the com... View the full answer
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