Europes StartUps Turn to Increasingly Complex Debt Deals as Cash Dries Up
European VCbacked firms turn to complex convertible debt Convertible issuance in Europe hit recordhigh last year Startups want to avoid lowering public valuations Debt adds to risks for founders if markets do not recover LONDON, March 18 Reuters European venture capitalbacked companies are signing up to increasingly complex convertible debt deals which risk giving investors […]