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Life & fun · August 6, 2020

FR

Founderpath – Raise $10k-$1m in 72 hours, free revenue analytics

Hey HN! We're launching Founderpath today to help saas founders raise cash without diluting their company Instead of a merchant cash advance needing to be paid back within 6-12 months, our standard deal is 15% interest, 4 year payback, $200k check We get no equity, no warrants, no weird covenants, and don't require personal guarantees This cash is way cheaper than if you were to raise from a VC (normally diluting your equity pool by 20%+ and losing a lot of control via a board seat and veto powers) We're around all day today showing demos & answering questions over at…

What it does

In the maker’s words, at launch

Hey HN! We're launching Founderpath today to help saas founders raise cash without diluting their company Instead of a merchant cash advance needing to be paid back within 6-12 months, our standard deal is 15% interest, 4 year payback, $200k check We get no equity, no warrants, no weird covenants, and don't require personal guarantees This cash is way cheaper than if you were to raise from a VC (normally diluting your equity pool by 20%+ and losing a lot of control via a board seat and veto powers) We're around all day today showing demos & answering questions over at https://www.producthunt.com/posts/founderpath Hope to see you there!

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