We’re proud to see Travis Kell, founder of Metropolis Technologies, featured in Bloomberg discussing why he chose a structured founder liquidity solution with Ion Pacific over a traditional private bank loan.
As Bloomberg notes, private banks are increasingly lending against private company stock. These facilities are generally reserved for founders of the most mature, highest-valued companies and typically take the form of recourse loans secured by founders’ equity and, in many cases, other personal assets.
For many founders, that isn’t the right fit.
Our structured liquidity solutions are designed to provide access to capital while preserving long-term alignment—allowing founders to unlock liquidity without taking on the same level of personal recourse or pressure to sell their shares too early. As companies continue to stay private for longer, we believe founder liquidity solutions will become an increasingly important part of the venture ecosystem.
Read the Full article here.
