Steve Benson
speaker
874 appearances
4 recordings
1 series
first heard Mar 2020
last heard Dec 2023
Steve Benson’s voice in public audio — every appearance, attributed to the second.
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Appearances
Top Founders · How I hit $5m ARR, kept control using 3 different debt providers · 21 Oct 2022
podcast
Nate's a dick.
So I borrowed $225 million over six tranches.
And once again, more tranches is better.
Cause that, that drives down your cost of capital.
It was, I, you know, switched here because it's cheaper.
So 17% to 16.3% doesn't seem like a big difference, but actually when you're talking about like, you know, two and a half million bucks that adds up and, uh, and, uh,
Let's see.
He would also loan more money.
So Scaleworks is at 4x MRR.
He's at 8x MRR.
And they might even go higher than that.
They haven't told me.
He hasn't told me no yet.
But it's a very fast and painless process with him.
I mean, because he connects into all your data, right?
He can see my profit well and my bank account and my Stripe and all these things.
I have a question.
Mm-hmm.
I think that the rule is debt before equity if you can get it.
It's cheaper.
Showing 621–640 of 874 · page 32 of 44
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