TINA is an acronym for “there is no alternative”. We blogged about it in August 2016 and although we have had a world of changes since then, the fact remains that there is no alternative to low yields now just as there was no alternative then
James Cooper
For an entrepreneur, the pitch deck is a vital part of the capital raising process. But it’s purpose is not to raise capital. So what’s it for?
VC funding hasn’t seen a massive downturn… yet. But have we already gone over the cliff? The data is backward looking, so the cliff may be close than it appears.
One year ago, rates were extremely low - as they had been since 2008, with the overnight SOFR at 0.03%. Today SOFR is 2.27% - a whopping 7,567% increase. All-in pricing for the most creditworthy borrowers is 2% - 4% higher than a year ago