What happens if a startup is not able to pay back their venture debt? When a company is over leveraged and has little cash in hand, what are their options?
We tapped into Stage Fund GP, Krista Morgan’s, expertise to learn about what happens when a company is not able to pay back their venture debt, how founders can navigate the issue, and how Stage Fund steps in to help.
First of a three-part series introducing the General Partners of Stage Fund.
Listen in as we talk with Krista Morgan, past entrepreneur and one of Stage’s operators about:
– The history of Stage
– How the general partners met
– Krista’s background
– The unique model of Stage Fund.
Dan, Krista, and Ingrid got together in early 2020 to build upon what Dan started in 2009 and expand it into a fund model. With venture dollars increasing, many good companies are being orphaned by their equity and need an alternative path. Krista, having faced relatable obstacles in her founder path, recently published a blog on the experiences that led her to joining Stage as a General Partner.
Coops and Feathers is a US based chicken products company dedicated to improving the lives of animals and their caregivers. The Company offers unique chicken coops and coop accessories, as well as, all-natural chicken treats and behavioral sprays and powders under its Healthy Hen product line.
Needle is a technology and service platform for e-commerce brands who utilize advocates for live chat and customer engagement. Founded in 2010, Needle has an impressive list of brands that use their service to provide a differentiated ecommerce chat experience including TaylorMade, Stuart Weitzman, Sonos, and Bare Necessities.
