Cash-strapped AI chip startup Hailo sees valuation halved ahead of urgent IPO (calcalistech.com) 2 points by muxamilian 5mo ago ↗ HN
[–] not_your_vase 5mo ago ↗ > interest rate of 1.5% per month, which could rise to 3% if a liquidity event is not completed within a year Lol wut. Loan with 20% or 43% (compounded) interest per year?Are sizzling hot AI startups really forced to go to loan sharks, reputable banks and other venture capitalists don't even come into picture?
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[ 2.1 ms ] story [ 15.7 ms ] threadAre sizzling hot AI startups really forced to go to loan sharks, reputable banks and other venture capitalists don't even come into picture?