Surprising Insights From HubSpot's $35M Mezzanine Round(onstartups.com)

Surprising Insights From HubSpot's $35M Mezzanine Round

http://onstartups.com/tabid/3339/bid/91669/Surprising-Insights-From-HubSpot-s-35M-Mezzanine-Round.aspx

2 comments

antr14 anni fa

It's good to see that startups that are generating revenues and solid profits can have access to this type of financing, resulting in no/little dilution compared to VC funding (like all mezz funds I guess HS has had to issue warrants). I'm curious to know the cash vs PIK component/terms of this instrument.

The mezzanine market is huge (but not as big as it used to be in 06-07) and a great bridge-to-equity instrument if an IPO is a viable option. Kudos to HubSpot.

bobdole214 anni fa