Why Embedded Lending Made our Investment in Constrafor a Clear Choice
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Lending has been largely a bad word within the VC community since the lackluster public market performance of LendingClub and OnDeck. Affirm, once the darling of the industry, has seen its public market valuation cut by 80%+ from market highs. Private markets house hot companies like Clearco, Capchase, and Pipe, but it becomes more challenging to raise at high growth multiples when the public market comparables are trading so low.
Why Embedded Lending Made our Investment in Constrafor a Clear Choice
Why Embedded Lending Made our Investment in…
Why Embedded Lending Made our Investment in Constrafor a Clear Choice
Lending has been largely a bad word within the VC community since the lackluster public market performance of LendingClub and OnDeck. Affirm, once the darling of the industry, has seen its public market valuation cut by 80%+ from market highs. Private markets house hot companies like Clearco, Capchase, and Pipe, but it becomes more challenging to raise at high growth multiples when the public market comparables are trading so low.