Corporate
May 21, 2019
The evolution of the venture-lending market
As the millennium approached, the Venture Lending market was strong but still in its infancy. But the venture lending market has evolved since that time.
Matt Schwartz
Partner
DLA Piper
Email: matt.schwartz@dlapiper.com
Matt leads the firm's Venture Lending practice, is the chair of DLA's West Coast Finance Practice Group and represents banks, funds, family offices, companies and high net worth individuals in structuring and negotiating a wide range of debt and equity investments.
In 1982, the "venture-lending" market was born when Silicon Valley Bank formed to serve the startup community by extending credit to venture-backed startups based on the relationship with the startup's investors and the ability to raise additional capital, not the immediate credit worthiness of the business.
In between then and the turn of the century, a handful of additional banks and private funds also joined the fray, giving addi...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In