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Understanding Venture Debt with Brian Parks
Manage episode 402236005 series 3499473
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Understanding Venture Debt with Brian Parks of Bigfoot Capital
This episode features a detailed conversation with Brian Parks, the founder of Bigfoot Capital, a company providing a different capital option for founders to pursue growth. Roman and Brian discuss the world of venture debt, with Brian explaining how his past experiences as an operator led him to see the need for a differentiated form of capital beyond equity. He highlighted the importance of aligning the business plan with venture debt and discussed how Bigfoot Capital aims for more flexibility and alignment with business needs than traditional bank offerings. Brian also touches on the importance of qualitative over quantitative measures in their evaluation process and the necessity to consider the implications of over-leveraging a business with debt.
00:18 Diving into Venture Debt with Brian Parks
01:21 Brian Parks' Journey with Bigfoot Capital
02:39 Understanding Venture Debt and its Impact
03:59 The Reality of Raising Capital and its Consequences
06:10 The Shift in Capital Deployment in Companies
08:45 The Cost of Equity and Debt Explained
12:37 The Challenges of Capital Availability and Business Sustainability
23:46 The Importance of Financial Planning and Forecasting
29:11 Brian Parks' Personal Full Send
👥 CONNECT WITH US 👥
Roman Villard, CPA: @fullsendcpa, https://www.linkedin.com/in/rdvcpa
Brian Parks, CFA: https://www.linkedin.com/in/parksbrian
👣 FOLLOW US 👣
LinkedIn: https://www.linkedin.com/company/gofullsend
Website: https://www.fullsendfinance.com
Bigfoot Website: https://bigfootcap.com/
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https://www.youtube.com/@fullsendfinance
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