> In a model where investors give loans to nascent companies as a mean for those to have needed capital
What would be the collateral a lender(s) would use to loan NVIDIA money in 1993 when it had no assets, nor revenue, nor a proven business plan?
Even if a lender(s) provided a loan without any collateral, what would be the terms of that loan? What would be the amount of loan, who would it be underwritten against, what would be the APR?
What would be the collateral a lender(s) would use to loan NVIDIA money in 1993 when it had no assets, nor revenue, nor a proven business plan?
Even if a lender(s) provided a loan without any collateral, what would be the terms of that loan? What would be the amount of loan, who would it be underwritten against, what would be the APR?