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pro vyhledávání: '"Nico Lehnertz"'
Publikováno v:
Financial Analysts Journal. 78:99-120
Publikováno v:
Journal of Business Economics. 92:1431-1453
Startups typically have no positive cash flow, little collateral to offer, and high bankruptcy rates. As a result, they seem to be poor loan candidates. However, venture loans as hybrid form financing that include a loan and a warrant are used in pra