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 9, 2025
Foley Viewpoints
SEC and CFTC Extend Form PF Compliance Date Again
On June 11, 2025 the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) again extended the…
July 9, 2025
Foley Viewpoints
Trump Accounts: The New Child Savings Account Established Under the One Big Beautiful Bill Act
On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (OBBA). The OBBA established a new type of tax-advantaged…
July 9, 2025
Foley Viewpoints
One Big Beautiful Bill Act Permanently Increases the Lifetime Estate, Gift and GST Tax Exclusion
On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (OBBBA). The OBBBA extended and may permanent many key…