First Friday is back for another relaxed, in-person GBx meet-up – bringing the community together for good conversation and practical insights. This time, we’ll be joined by SVB, who will lead a short session on Venture Debt Financing.
Kindly hosted by CBRE, join us for a light lunch while connecting with fellow founders, operators, and investors. Alongside the opportunity to meet and mingle, this session will feature a short, focused talk on venture debt financing—covering how it works, when it’s most useful, and how it can complement equity funding as part of a broader capital strategy.
Think venture debt isn’t that important? Consider this: Travis Kalanick held ~8.6% of Uber at IPO (valuation ~$82bn; ~$22bn equity raised), while Elon Musk is expected to hold ~42% of SpaceX at IPO (projected valuation ~$2tn; ~$12bn equity raised). One key difference? SpaceX has made significant use of debt financing (~$20bn, largely asset-backed), helping preserve founder ownership at scale.
It’s an informal, high-value opportunity to learn something new, ask questions, and spend time with others in the community. All set against the backdrop of stunning views from the Salesforce Tower.
where
CBRE, 415 Mission St Suite 4600, San Francisco, CA 94105, USA