On the Road to Liquidity: Using Debt to Minimize Dilution to Founders and Management
December 14, 2007
Panelists Thomas M. Young of First Republic Bank, Jarvis P. Kellogg of Foley, and John E. McCray of Molecular Insight Pharmaceuticals discuss the strategic value of debt financing. The presentation addresses the historical and current venture debt markets, including the increase in lenders due to new entities entering the market. The presentation also outlines goals for optimum debt structures such as maximizing additional runway.
Related Insights
July 29, 2025
Foley Viewpoints
California Privacy Protection Agency Approves Draft Regulations After Over a Year in Drafting
On July 24, 2025, the California Privacy Protection Agency (CPPA) voted unanimously to finalize the draft regulations for automated…
July 29, 2025
Health Care Law Today
HHS Guidance Excluding Non-Qualified Aliens from More Federal Programs Raises Questions for Providers and Grantees
A Notice published on July 14, 2025 identifies 12 new Federal public benefit programs (see list below) for which non-qualified aliens are…
July 29, 2025
Tariff & International Trade Resource
DOJ Enforcement Under the National Security Division’s Data Security Program
Protecting sensitive data has never been more important. In a globalized world of advanced cyber threats, sophisticated espionage techniques, and external data monetization, increased security is crucial to safeguard sensitive information from theft and misuse.