Blackstone has announced they will look to move into lending to tech startups who are likely seeking an alternative to raising down rounds of venture capital funding. Blackstone is looking to invest $2 billion and I think we will see other PE firms look to offer alternative financing as well. During the early uncertainty of COVID, we saw firms make some great deals on tech companies who were either late-stage or had recently gone public.
#startupinvesting #debt #economics
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